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    Thursday, October 30, 2008 at 12:05 PM
    12:05PM

    « Paypal At it Again with Exchange Rate Gouging »

    DateThursday, October 30, 2008 at 12:05PM
    Last year, with the falling value of the US dollar, PayPal came under fire for having exchange rates that weren't a reasonable representation of the economic exchange rates between the US dollar and the Canadian Loonie.

    It looks like they are at it again. FYI - the exchange rate for October 28th 2008 was $1 CDN= $0.7796 USD.



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    Authorjules | Comment1 Comment |

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    Reader Comments (1)

    that exchange rate only applies if they are taking money from you - if they are repaying you they use a different rate - the money disappears in between the conversion statement and the refund , with no accounting for where it went
    October 31, 2008 | Unregistered Commenterebayer

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