posted on August 6, 2001 04:09:15 PM new
If you are an Aussie user, Paypal charges you 9.3% of your sale price to process your money. I recently was paid US$333 by a customer.Straight up paypal took US$10 then a further US$1.50 for sending the money to my bank account. However the kicker is that they did the currency conversion at 1.81672 when the current rate is 1.9357. This works out as follows. US$333x 1.9357 =AU$644.59 After paypal fees and charges $321.54 x 1.81672=AU$584.14. This is a fee of AU$60.45
I can't do business with that kind of "help" I'm sure if some others do the math it will work out the same.
Zircon4
