Is Paypal having a conversion error?

Discussion in 'PayPal' started by LEVAC109, Feb 11, 2011.

0
  1. #1
    I don't know if it's the same for everyone but this morning, I got very frustrated when Paypal seemed not doing the conversions correctly.

    Try go to your Paypal and try to convert 1CAD to USD then try again 1USD to CAD. The values are weird.

    For example 1USD to CAD is 0.96CAD but 0.96CAD is not 1USD :| Is this not a mistake (on purpose)?
     
    LEVAC109, Feb 11, 2011 IP
  2. lifeplayer

    lifeplayer Notable Member

    Messages:
    15,609
    Likes Received:
    475
    Best Answers:
    0
    Trophy Points:
    265
    #2
    yes, this happen on many currency. paypal conversion is different because they are making some money from the money exchange, and i try my best to avoid use their money exchange service because they giving low rate
     
    lifeplayer, Feb 11, 2011 IP
  3. LEVAC109

    LEVAC109 Peon

    Messages:
    27
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Oh really. Paypal's conversion rates are also very bad, mostly it won't make you happy as it gives lower money lol. Paypal stinks at this.
     
    LEVAC109, Feb 12, 2011 IP