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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Oct 2002
Location: Holland
Posts: 466
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Paxum exchange rate dollar -> euro
The exchange rate of Paxum is always worse than the market exchange rate.
Why is that? As of today : Paxum: 1 dollar = 0,851 euro ($1000 -> 851 euro) Market: 1 dollar = 0.877 euro ($1000 -> 877 euro) |
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#3 |
Affiliate
Industry Role:
Join Date: Oct 2002
Location: Icq: 94-399-723
Posts: 24,433
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exchange rates are set by visa/mc
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#4 |
Confirmed User
Industry Role:
Join Date: May 2009
Location: Onboard an airplane around the globe
Posts: 3,734
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Possibly double dipping from the bank and/or Paxum themselves. There are very few places you can exchange at true "market rate". Often that is only multi million dollar businesses directly bank to bank. Everywhere else where you have some type of middle man or agent, someone along the transation will usually take a cut.
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---------------------------------------------------------------------------------- The truth is not affected by the beliefs, or doubts, of the majority. |
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#5 |
small trip to underworld
Industry Role:
Join Date: Mar 2012
Location: first gen intel 80386/nintendo-gb/arcade/ps1/internet person
Posts: 4,927
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crooks , when u exchange they say fx is typical credit card rate 2.5-3.5% but this not the reality . kiosk rate will be used instead 5.5% after all deductions bank+fx+machine .
mastercard then tell you if like to see today rates you have to visit tomorrow it will not update with mid-market , imagine if this bitcoin you can lose all your coins.
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automatic exchange - paxum , bitcoin,pm, payza . daizzzy signbucks caution will black-hat black-hat your traffic ignored forever :zuzana designs
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#6 |
Confirmed User
Industry Role:
Join Date: Nov 2003
Posts: 1,554
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It's not clear if the OP is talking about exchanging funds inside the account (or in other words, transferring between the USD and EUR Paxum subaccounts) - or using his Mastercard to buy things in another currency.
Different exchange rates are used for the two operations. In account exchange rates are set by Paxum, other by Mastercard I believe. To avoid the horrible in-account exchange rate, one solution can be to withdraw yours funds using an USD wire to an USD account, then use some better service to exchange to EUR. |
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