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How to change Paypal currency conversion @ checkout ?

SOLVED
Contributor

Re: How to change Paypal currency conversion @ checkout ?

Yes this happens to me because I have a canadian billing address. Even with a USD Credit card. What they do is convert the USD purchase to CAD and then reconvert it back to USD as my currency billing is set to USD. I try to always use Amazon.com as they do not rip their Canadian customers off with usd Credit cards like Ebay does with this conversion ripoff racket. Ebay was not always like this.
Contributor

Re: How to change Paypal currency conversion @ checkout ?

This only works for

  • Subscriptions
  • Automatically billed payments
  • Installment plan payments
New Community Member

Re: How to change Paypal currency conversion @ checkout ?

It is best solution!
New Community Member

Re: How to change Paypal currency conversion @ checkout ?

this is the solution..

Thanks

Contributor

Re: How to change Paypal currency conversion @ checkout ?


@sharpiemarker wrote:

GO to Profile > Payments > My Preapproved Payments > Set Available Funding Sources > Conversion Options


Thanks. I used to have the other option and it worked fine until last year, when I changed my primary bank and the credit card was cancelled. Now I have a new card with another bank that seemingly uses the more expensive conversion by default. I'm glad I found this panel and I'll see if Paypal accepts to not charge me. I may have to make a reclamation if they don't.


Member

Re: How to change Paypal currency conversion @ checkout ?

What kind of company HIDES an option like that? Smiley Mad

I can not believe it..

Contributor

Re: How to change Paypal currency conversion @ checkout ?

Same thing happening to me, buying from ebay, the USD ammount charged to me on PAYPAL, was the same as in EBAY, but my credit card charged me about 120USD extras, because they said some currency exchange, i only have USD setup in paypal.... so could be a problem with ebay yes, but... paypal should not do this currency conversions if USD is available.   

 

 

 

 

Tags (1)
Esteemed Advisor

Re: How to change Paypal currency conversion @ checkout ?

Contact tech support:

https://www.paypal-techsupport.com/app/ask


Kudos & Solved are greatly appreciated. 🙂
Contributor

Re: How to change Paypal currency conversion @ checkout ?

Thanks, been waiting a few hours for a callback. Will try that form too.

Contributor

Re: How to change Paypal currency conversion @ checkout ?

Just off the phone, was told it has always been the policy that paypal does the currency conversion and that the policy has never been changed??? I'm sure my credit card used to do the currency conversion and I switched back and forth depending on whether paypal or the credit card conversion cost less. Now I have a no fee card so it's always the best for conversion fee.

I guess the only option for myself, my wife and three kids is to stop using our Paypal accounts and go back to using our credit card exclusively to make web purchases.