Sorting through all of this, it appears that 1. PayPal adjusts the conversion rate of international purchases to offset the fees it pays to do business with credit cards. The buyer pays this rate.
2. PayPal converts the funds before placing in the seller's account. The conversion fee is charged to the seller's account. 3. With domestic purchases, many sellers say they will not work with PayPal purchases involving credit cards. Presumably that is because PayPal also passes the cost of credit on to the seller in domestic transactions. Clay -- Clay Blackwell Lynchburg, VA ---- Cindy Rusak <[EMAIL PROTECTED]> wrote: ============= Good Morning Arachnes, Tamara, I think you would find that the exchange rate that Visa would charge you would be about the same as what Paypal charges you. When we first moved to the US and checked into using our US visa cards for foreign currency purchases the 'hidden' fees were somewhere about 2-1/2% so I continued to use my Canadian Visa for foreign currency purchases because it did not have the hidden charges. Unfortunately about two years ago my Canadian Visa also decided it needed that little extra so it doesn't matter which card I use now. What I mean by hidden charges is that in the exchange rate they use includes an extra 2-1/2% and it doesn't appear as an extra charge. Maybe you have a better Visa account that doesn't charge a fee - you'd have to check your user agreement Cindy Rusak - in sunny, almost looking like spring, Wisconsin. - To unsubscribe send email to [EMAIL PROTECTED] containing the line: unsubscribe lace [EMAIL PROTECTED] For help, write to [EMAIL PROTECTED] - To unsubscribe send email to [EMAIL PROTECTED] containing the line: unsubscribe lace [EMAIL PROTECTED] For help, write to [EMAIL PROTECTED]
