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How much did Receiver pay to paypal?

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Contributor

How much did Receiver pay to paypal?

As a buyer I sent €100 to a seller in Europe.  I was charged $113.03 for the euro-USD exchange rate.  The seller says they got €100 minus €5.75 netting him €94.25.

 

Is there any way I can verify what he says?  Why was he charged so much by paypal?  I thought it was like 2.9% (+$0.30).

 

Thanks.  

 

-Bill

3 REPLIES 3
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Esteemed Advisor

Re: How much did Receiver pay to paypal?

@Bill314159 

 

International transactions get charged a higher fee.


Advice is voluntary.
Kudos / Solution appreciated.
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Contributor

Re: How much did Receiver pay to paypal?

Thank you.

 

Any idea where I can read the actual pricing formula PayPal uses?

 

And, if I have an agreement with a buyer that I will cover the PayPal fees, how can I independently confirm what those fees actually were?

 

-Bill

 

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Esteemed Advisor

Re: How much did Receiver pay to paypal?