This website is a collection of horror stories, news reports and other information addressing problems with Paypal, Inc..

PayPal and exchange rates

I just cancelled my paypal account because I refuse to be forced my Paypal in an exchange rate that is mandatory. I want my credit card company to do the conversion at a more favorable rate.

A simple store credit card machine or online virtual terminal gives the exchange option, but PayPal purposely hold back this option. With so many other options available I don’t see paypal lasting long with their scamming business practices.

I hope somebody hits PayPal with a class action suit one of these days on this issue.

Posted: April 9, 2014 at 6:16 pm

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