Well, you are spot on with this. I've made two purchases and paid more for the item than the current exchange rate. There is no need for this on PayPal's end. If they pay the seller immediately, then it is at the current exchange rate and that is what you should be paying PayPal for. In the instance of my last purchase the seller added a 7 euro fee to use PayPal (and my thoughts on it were that PayPal most likely screws them over, so I agreed to it). Then PayPal added 3% on top of this which I didn't realize was their policy. I am one of those who unfortunately will not buy from this vendor (or any other international seller) simply due to this issue anymore, although I would like to, and it's just too risky using your CC internationally. The seller will be the loser as PayPal skims 3% on each transaction. Currency fluxuations have no bearing on this as PayPal pays the seller right away, the only delay may be the buyer reimbursing PayPal but they should only owe what PayPal immediately paid the seller at the current exchange rate.
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