How to change Paypal currency conversion

dmatesic
Contributor
Contributor

Hi, PayPal removed the option to change the currency conversion. I think this is a direct steal of money!

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8 REPLIES 8

kernowlass
Esteemed Advisor
Esteemed Advisor

@dmatesic 

 

Click on the 3 dots next to your paypal balance > manage currencies.


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dmatesic
Contributor
Contributor

Hi @kernowlass ,

this is not the solution.

In the old interface (still 15 days ago) there was a option to tell to PayPal that the amount should be charged in the currency of the merchant (of the transaction).

So basically if i buy something in $ or in € i want that my card is charged in the original currency and let my Bank (e.g. Revolut) make the conversion.

I don't want that PayPal make the conversion since the PayPal conversion fee is high and not fair!

This is basically fraud!

This option don't exist anymore on PayPal and PayPal will do the conversion by itself.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@dmatesic 

 

I think that option is available on business accounts.


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dmatesic
Contributor
Contributor

Possible but i want to have it on my private account as before!

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WeirdG
Contributor
Contributor

Ya, I've run into the same issue too. By default, I had my credit card issuer handled the currency conversion, and now all of a sudden I noticed Paypal is handling all my conversions. There's no option to change it back. It's as if Paypal removed the option and neglected to tell it's users. This is a pretty scummy business practice.

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dmatesic
Contributor
Contributor

I removed almost every payment from PayPal.

I will use alternatives for every thing this is possible.

PayPal is not so significant player and it's not the only existing option.

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WeirdG
Contributor
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If you live outside the US, they're still one of the biggest players. PayPal is one of the only options available to Canadians.
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dmatesic
Contributor
Contributor

Hi @WeirdG ,

did you try Skrill?

Regards, Damir

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