I just went to PayPal and there is a 2.5% fee above the
wholesale exchange rate. See below which is copied from
the PayPal web site.
PayPal Fees
-------------------------------------------------------------
PayPal charges Premier and Business accounts to receive
payments.
Personal accounts are free, but may not receive credit card
payments.
Personal Account Premier/Business Account
Open an Account Free Free
Send Money Free Free
Withdraw Funds Free for US bank Free for US bank accounts
accounts Fees for other banks Fees for other banks
Add Funds Free Free
Receive Funds Free 1.9% + $0.30 USD to 2.9%
+ $0.30 USD
Multiple Currency Transactions Exchange rate includes a 2.5%
fee* Exchange rate includes a 2.5% fee*
* If your transaction involves a currency conversion, it will
be completed at a retail foreign exchange rate determined by
PayPal, which is adjusted regularly based on market
conditions. This exchange rate includes a 2.5% spread above
the wholesale exchange rate at which PayPal obtains foreign
currency, and the spread is retained by PayPal. The specific
exchange rate that applies to your multiple currency
transaction will be displayed at the time of the transaction.
Just waht you should expect from eBay, Fees and more Fees!
Mopar
--- In [EMAIL PROTECTED], Kai_Oceania <[EMAIL PROTECTED]>
wrote:
> That's what I initially thought as well. It can't be
> free, after all they are providing a service. It would
> be great if we (Aussieland) are exempted from any
> fees.
>
> kai
>
> --- "mopar68.rm" <[EMAIL PROTECTED]> wrote:
>
> ---------------------------------
>
> Matthew and Kai,
>
> I am not sure off the top of my head, but there are
> PayPal
> Fees involved with some international transactions.
> Check
> their web site and the Fee Listing they have there to
> clear
> up the questin before you are stuck with an unexpected
> fee
> from them.
>
> I have read some of them, but not for some time.
>
> Mopar
>
> --- In [EMAIL PROTECTED], Kai_Oceania
> <[EMAIL PROTECTED]>
> wrote:
> > Now, this is something I am not aware off. I have
> > tried bidpay (demo), but not paypal.
> >
> > Thanks
> >
> > kai
> >
> > --- Matthew Jenkins <[EMAIL PROTECTED]> wrote:
> >
> > ---------------------------------
> > PayPal is free to send money; it only costs to
> > receive, so if you are buying
> > you don't need to worry about that.
> > Matthew
> >
> > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> > Matthew Jenkins
> > http://www.mdjenkins.com
> > Email: [EMAIL PROTECTED]
> > University of DE, Sr.
> > Triple Language Major
>
>
>
>
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