[Rant]Infuriated with Paypal!![/Rant]

[gilboman]

I had found that too, and sent it to him yet he insisted that he wasn't eligible.



Well paypal includes a 2.5% exchage rate fee into their exchange. I realize our dollar has been getting stronger as of late, and would have been able to live with those differences, but the extra 2.5% really just kills.

The paypal rep asked me how much I was out. I said $120. He said "oh, well that's beyond anything I can do for you - let me go talk to my supervisor" I wonder if I had said like $70 or something if he would have been able to do something for me?

And I'm curious, would I really be able to deny the charges on my credit card? I've never attempted anything like that before.

I guess I have been 'living under a rock'. That rock has been here @ RFD. All of my trades / sales have involved other means of payment other than paypal. I primarily use EMT, but was not about to EMT some guy for that sum of money without any references. That and his auction specified paypal only which someone had brought up already.

I guess this was just a really hard lesson to learn. If paypal is to be used at all, keep it small. But seriously, what other method would people have tried to use in this case? (Assuming the seller would accept other means of payment)

fyi most credit cards charge 2.5% too (some even bit more) and banks charge for it too, but around 2% dependent on the bank.

[alexle]

Most banks and post offices charge you a higher conversion rate when you want to convert CDN dollars to USD dollars and vise versa. Paypal is no different. I bought a MO from Canada Post for $350.00USD and had to pay $425CDN. When I had to reverse the payment, I cashed in this $350 USD MO back and got only $395CDN. So I lost $30.

In the end, you lose money buying in USD and you lose money selling in USD...or something like that.

[grant]

Every time paypal gets bashed on RFD, a few people jump out and say things like "I've never had a problem so i'll keep using Paypal." Then a short time later they complain about how they got ripped off.

I would love to see you provide even one example (or more!) of this happening.