Rounding policy
Gwharton
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Posted on
Feb-02-2020
11:02 AM
Hi, Does anyone know what rounding policy Paypal use. I was under the impression that Paypal used Banking rounding, i.e rounding to nearest even.
I ask as a recent refund of £15.00 with a fee of 2.9% resulted in a fee of £0.43. If it is banking rounding, then this surely should have been rounded to £0.44.
Any clarification, I just want to reflect the same rounding policy in my spreadsheets which pre-calculate my Paypal fees.
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sharpiemarker
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Feb-02-2020
11:28 AM
Then apparently PayPal does not round off to the nearest even.
Kudos & Solved are greatly appreciated. 🙂
Gwharton
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Feb-07-2020
03:13 AM
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