I purchased a coin from a canadian dealer with a canadian credit card. Pay pal charged me in US dollars then converted it back to canadian .

[travelmolly2007]

It cost $20 + more.

[femmefan1946 · Accepted solution]

Yes. That's how it works.

Paypal is an American company working under American law. As part of the laws that try to prevent money laundering, PP does all its banking in US dollars.

[heidilynn0_3 · Accepted solution]

PayPal pays sellers in the currency of their listing. If listing was in canadian dollars there is no conversion fee involved. Check "details" of your payment to see what occurred.

Many canadian sellers list in US funds which means PP will convert and charge a conversion fee of 2.5 %

I see a listing in CDN and should not be converted. Can call PP toll free @ 1-888-221-1161.