where is the currency conversion option?

giantbill
Contributor
Contributor

I just payed for a merchantise, which is listed as $USD. I configured the payment by "AMAZON VISA CANADA".

I setup USD as primary currency and assume that paypal will charge USD against this credit card.

 

However paypal still charged me as CAD and do the currency conversion for me. I see lots in community that mentioned

there is currency conversion option you can use. But I can not find this "currency conversion option".

 

Can someone help?

 

What I want to do is: when I buy usd charged items, I need  paypal to charge USD against my "amazon visa canada"

credit card.

 

thank you.

 

GB

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141 REPLIES 141

Hi,

This is what PAYPAL should have told you.....

in the old (better) layout
once you did the the default currency options

 

www.gamedealscanada.com/2016/06/09/changing-paypals-default-currency-conversion-option/


on your main preferences/options

this would naturally reflect on the checkout,
so you would setup this once

and it would be done for every transaction

from that point onwards.

Now some greedy minion at Paypal came up

with a great idea to sneak in

another extra idiot tax fee of around 3-5%

on the exchange rates for the less aware.

So....

 

NOW on the NEW LAYOUT/CHECKOUT

you ALWAYS have to choose the option

to be billed in the original currency
regardless of wether this has already been selected

in the main website default options or not.


That option in the main site is there

in both old and new

but only works if a particular transaction

gets the OLD CHECKOUT at the end,

wich happens very very rarely at the moment.

 

 

So how do you do it now???

 


The option to bill our CC/Bank in the original currency

and let our CC/Bank do the conversion instead of Paypal

is still there in the NEW checkout layout,

its just a bit hidden,

in order to extort a few more % out of the less attentive
on any foreign currency transactions they make.

So....

On the NEW CHECKOUT....

 

Just click on  Change just below the Exchange rate info
as per the example below

 

 x-0069  EUR 69.69

Exchange rate: EUR 1.00 = £0.81

 

Which opens

the Payment Options
for example to Change which CC/Bank
you want to use for this particular transaction

as per the example below:

 

 x-6969

Exchange rate:  EUR 1.00 = £0.81

 
 x-0666
Exchange rate:  EUR 1.00 = £0.81 
 x-0069
Exchange rate:  EUR 1.00 = £0.81
 
EUR 69.69

And then...

 

just click on any of the  EUR 1.00 = £0.81 links

to Open small a bogus EXCHANGE RATE INFO dialogue box next to it

as per below:

 

Exchange rate converted as of

12/22/2016, GMT 10:07 AM. 

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

 

And then

 

just click on the  View exchange rate options link

to Open the EXCHANGE RATE OPTIONS popup Screen

for this transaction.

It should say someyhing like:

  • Rip me off , I love it
  • Bill me in the currency listed in the Seller's invoice
or something similar
(can't copy paste the atual text at the moment as PP is having ripping off issues)

Just select the bottom option
And THAT's IT
 

Please bear in mind that on the new checkout
you'll have to do this
ALL OVER AGAIN
IN EVERY SINGLE TRANSACTION
involving foreign currencies.

PS 1 -

These examples are from ebay transactions/invoices

but there is a similar procedure for sending money
and paying PP invoices as well.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View exchange rate options

Exchange rate converted as of 12/22/2016, GMT 10:07 AM.

View

 

 

PS 2 -

Be sure that as soon as enough people figure this out

and the revenues of this idiot tax drop significantly,
paypal will surely hide this somewhere else
for another round of this endless greedy cat and mouse game.



Have fun...
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DanielaF
New Community Member

@bbozhanov wrote:

Guys,

 

It is so simple. It is called link:

https://www.paypal.com/bg/cgi-bin/webscr?cmd=_profile-merchant-pull-funding&buyer_hub


The link works and it takes you to the "old" interface where you can indeed change the currency conversion options for your cards.

Altough I have changed them everytime it seems that paypal "resets" this once a while so that you get scammed.

And these days you simply cannot select anymore what currency to use when sending money directly from paypal.com (also a huge issue that will never be fixed)

So yes, the link worked, thank you so much, without that link is IMPOSSIBLE to find where to change your currency on the new interface. It's impossible because there is NO LINK / BUTTON for that

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RFB7
Contributor
Contributor

Thanks for the link. Without it I wouldn't have found it since the direct link on my "Available funding" page is gone.... !!

Besides I had it set to "let my card issuer convert" long time ago but it had recently been reset by Paypal to their conversion.

 

I think it is unacceptable to bury this option and it is borderline fraudulent since no customer should be lured into thinking that Paypal's bad currency conversion is the only option there is. It is obviously done to siphon extra money off of unsuspecting customers. Not good at all for your credibility and respectability Paypal!

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imaddicted2u
Contributor
Contributor

I believe I tried this setting in the past. It's for ongoing pre-approved payments only. Not general online purchases. In every case each thing I tried or found whether on ebay checkout or Paypal, even when the invoice was charged in the seller's currency, once it was applied to my credit card, Paypal had taken their (unfair) share.

If it worked for you, I'm glad, but double check it.

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meirjean
Member
Member

I wonde why they've made it so hard to find - couldn't find any way to this link (bless you for sending it) through their own menus, did I miss something or did they really do a bad job with the new interface?..

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rauluranga
Member
Member

Thanks @Kseniya you just save me a few bucks!

 

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hopi
Contributor
Contributor

Thank for for shiring ,your have the best answer 

 

Best

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Kavoons
Contributor
Contributor
Спасибище человеческое!!!
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terrazg
Contributor
Contributor
Hi folks, Has any of you noticed that your PayPal "Conversion Options" are changing by themselves? It happened to me twice in last six months and I would really like to know when and why this change is triggered.
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darrenwcragg
New Community Member

I notice Paypal has removed hte conversion when you make a payment, so i have no idea as to why they have dones this as i cannot see how much i have paid my my own currency. This has happend when the site was updated to the so called better site

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