I think you're correct.  That would explain why all the apps have the
"~" sign in AUD.  One hope that Google is working to fix this, as
Google do the conversion for the Android Market, and Google also do
the conversion for the credit card charge, so they just need their
Android Market team to work with the credit card team to use the same
conversion figure, and we would have exact amounts!  :-)


On Nov 10, 7:29 pm, String <[email protected]> wrote:
> Another possible explanation: The conversion rate on the estimates may
> not be updated in real time. There's been quite a flux in USD lately,
> so it's possible that [at least some of] the discrepancy comes from
> that:http://www.google.com/finance?q=AUDUSD
>
> String
>
> On Nov 10, 1:03 am, Craigo <[email protected]> wrote:
>
>
>
>
>
>
>
> > The odd thing is, Google did an authorisation in Australian dollars,
> > so Visa didn't have to convert anything.  It's just that the Android
> > Market estimation and the actual charge had a 5% difference.
>
> > Visa makes money by charging Google a fee for using the service.
> > Presumably, Google absorbs this fee from the 30% charge they take from
> > me.
>
> > Sometimes retailers put a fee on top of a credit card purchase to
> > cover Visas fee, however, they are supposed to disclose this.  And as
> > the only payment option available in the Android Market is a credit
> > card, that would be a little rich of Google to do this.
>
> > On Nov 9, 7:10 pm, webmonkey <[email protected]> wrote:
>
> > > Google's approximation is probably correct, it is just that credit
> > > card companies take a few extra % when doing currency conversion.
> > > PayPal also does this. They have to make money somehow ;-)
>
> > > On Nov 9, 12:14 am, Craigo <[email protected]> wrote:
>
> > > > Ah!  Good pickup!  Yes, apologies, it was just an authorisation.
>
> > > > ...but still, their currency conversion is 5% off.
>
> > > > On Nov 9, 4:54 am, webmonkey <[email protected]> wrote:
>
> > > > > Are you sure it is an actual charge and not a pending one?
>
> > > > > See also this topic on the Market help site:
>
> > > > >http://market.android.com/support/bin/answer.py?hl=en&answer=170791
>
> > > > > Is it not just an authorization?
>
> > > > > On Nov 8, 2:07 am, Craigo <[email protected]> wrote:
>
> > > > > > As a developer, I think the Android Market is great, I'm making a 
> > > > > > nice
> > > > > > bit of money from a little game I made.
>
> > > > > > I have just recently bought my first app (been a little busy to look
> > > > > > at actually playing, instead of coding).  The purchase was smooth
> > > > > > enough.  However, I played it for about 1 minute, didn't like the 
> > > > > > game
> > > > > > and returned it.  I got an e-mail confirming that I had returned it 
> > > > > > no
> > > > > > problems.  The process was all working great.
>
> > > > > > However, today, there is a charge from Google on my credit card for
> > > > > > $3.03.
>
> > > > > > There are two things wrong with this.
> > > > > > 1. Obviously, I returned the game, so the charge should not have 
> > > > > > been
> > > > > > there at all.
> > > > > > 2. Their currency conversion is terrible!  The estimated cost was
> > > > > > $2.98 for the game (amount was converted to Australian dollars).
>
> > > > > > I now understand why I get so many emails from buyers saying they
> > > > > > never bought the game, and I get the odd credit card chargeback fee
> > > > > > from disputed transactions.
>
> > > > > > Obviously, I'm not going to worry about the charge, it is only $3.
> > > > > > However, I really hope Google get on top of this, and I will now be
> > > > > > more sympathetic to buyers that complain about invalid charges.

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