Canadian Funds conversion using a US credit Card

Marole
Contributor
Contributor

Hello,

I'm setting up to sell online.

Question #1: If I list the product in Canadian Funds (C or CAD), when a client in the USA pays with a credit card - Will PayPal show a real-time US to CAD funds exchange rate? Or, will this only be reflected on their final statement?

 

Question #2: If I list the product for example for $20.00 CAD can I expect to get this amount minus PP fees?

Has anyone experience any additional fees, possibly even pertaining to USA funds conversion rates or, do all conversion rates happen on the clients side?

 

Thanks!

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1 REPLY 1

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Marole 

 

If you're selling/listing/invoicing/requesting in CAD, you'll receive in CAD, minus applicable PayPal fee. The currency conversion is dealt with on the buyer's side. 

 


Kudos & Solved are greatly appreciated. 🙂
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