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since ‎Mar-31-2023
SuSun
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Re: Unaccountable variance between merchant's paym...

by SuSun Contributor in Transactions Archives
‎Apr-06-2023 08:29 AM
‎Apr-06-2023 08:29 AM
@sharpiemarker.  For completeness and the good order of this thread, I note that my reply (thank you again) to you has been removed, or is not currently visible.  Do you know why that would be?  To come back to my question and your reply, your suggestion to use PayPay's Wallet/own exchange rate, I had already done and factored in before sending my question.  The other information doesn't really account for the variance. So for me, the question is still open.  I notice that PayPal_JonK has marked the question as solved.  Interesting!  I'll observe this with further transactions.      ... View more

Unaccountable variance between merchant's payment ...

by SuSun Contributor in Transactions Archives
‎Apr-01-2023 12:03 AM
‎Apr-01-2023 12:03 AM
I'm new to Paypal as a vehicle for transferring money internationally from my client to myself:  GBP to EUR.  I see the fee, clearly identified in the transaction details.  But what doesn't compute is the amount that PayPal show the merchant transferred at the outset.  The merchant transferred 450 GBP yesterday.  With yesterday's exchange rate, this would be 495.57 EUR.  What PayPal say was transferred is 489.30 EUR.  It's only a 6.27 EUR difference.  But I want to understand the principle/logic of the transaction before larger amounts are transferred.   Can anyone help?   ... View more
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