Originally Posted by w4mmaps

I know this isn't a revelation or anything new but damn, today I was due a payment from a company for $1330 USD. I accidently had them send this in CAD to my paypal instead of USD. My mistake. I pay for everything in USD.

Now the annoying part....to convert it back to USD in paypal, guess what I end up with.... $1230 USD. So between my payment provider & paypal both taking currency fees, I"m losing $100 of $1330 dollars.... which is 7.5% of my money.

I'm normally not a cheap ass but this kinda annoying me right now LOL. Company paying me uses tipalti, who seem to take around 2% for conversion. So paypal is taking around 5.5%....which sounds about right for those guys.

Won't make that mistake again lol. Any of you people using paypal for large amounts of currency conversion or business? You paying them 5 figures a year in fees or what??? lol crazy times with paypal!