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Paypal conversion fee scam

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Paypal conversion fee scam

I live abroad and I'm sick and tired of Paypal trying to force me into using their "currency conversion" service on every payment that I make. This is a deceptive and a unfair practice, simply because I have to be on guard 100% of the time when I use paypal.

 

If I don't disable the conversion option, I loose extra 2-3% on the transaction (as compared to processing the currency conversion through my bank). Simply because Paypal offers the conversion at a much worse rate.

 

At some point (about a year ago) Paypal hid this option so well, that it took me about 10 minutes going through my profile to find how to disable this option.

 

I don't understand why this option even exists. 

 

 

 

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Re: Paypal conversion fee scam