posted on October 11, 2001 10:02:56 AM new
Hi all,
I just wanted to report a change in the exchange rate for Canadian users---
Dear PayPal Member,
We're pleased to announce that we can now offer our Canadian members an improved Foreign Exchange rate! We are working continuously with our banking partners to provide you with an exchange rate that compares favorably to other leading payment services.
PayPal's Exchange Rate Beats the Competition
c2it™ Billpoint™ Western Union™ PayPal
1.46 1.54 1.50 1.55
*Last updated 10/10/01
For more information on our foreign exchange rate, please login to your account and click the "Withdraw" subtab.
PayPal strives to offer you the safest, fastest, most cost-efficient way to send and receive money online. Providing a lower exchange rate is our way of saying thanks for using PayPal and helping us remain the world's largest online payment service.
Sincerely,
The PayPal Team
https://www.paypal.com
[ edited by paypaldamon on Oct 11, 2001 10:09 AM ]
posted on October 29, 2001 12:21:55 PM new
What happened to the allegedly competitive exchange rate? I am getting 1.553 from Billpoint and only
1.5348 from paypal, plus paypal charges a $0.55 withdrawal fee. Why do you pretend that you are competitive, when Billpoint is obviously offering a better deal? The actual wholesale exchange rate today 1.5746.