yeah, we discussed this earlier this year on here. It is a complete joke now.
I guess it is time we adopt another way of payment for trusted BLF members.
Everything using F&F outside Canada has fees outside to it.
I’m not happy, but I am not angry. They are just perhaps extending this policy to other countries: friends and families only account in one country/the EU.
1.9% +0.4$
+1.9% North america/EU or +3.3% outside North american and EU
+3.5% money conversion
+2.99$ for bank/credit card transfer if you got no money on your paypal account
or
3.99$ private transfer
3.5% money conversion fee
2.99$ bank fees
this is what I got reported from customers and what is written in the Paypal fees for me this is bad rip off
the old private transfer overseas was about 1-1.5% plus 0.4$
3.5% money conversion
no charge if you got no money on Paypal account
I think we have reached a point where even a traditional bank transfer (wire transfer) might be cheaper than paypal! What a ripoff this pp has become, unbelievable. I used to send smaller amounts to friends for favors (like buying a product in another country). Guess I won’t be doing that any longer…
edit: How much does Alipay charge? Maybe we should just sign up as sellers on AliExpress and have goods/services listed or a listing like an ebay item. Depending on seller fees Alipay might be a competitor to pp.
F* Paypal, seriously. Paypal has not been available in Turkey since 2016. And it has nothing to do with the ongoing corruption here. There is a law that states if you want to run an electronic bank business, you need to store all relevant data (transactions etc.) of citizens in servers located in the country.
There is a similar law in EU so Paypal have to use servers located in EU to store EU users data. But they reject doing the same in Turkey.
I was surprized one online shop asked me to use Adyen instead of Paypal. Being quite unusual, I have googled and found this article - looks like a rising star:
cryptocurrency would be somewhat difficult to use for the average customer. Some banks or credit card issuers won’t allow buying coins or similar services.
Maybe PP have decided to put a stop to those who use PP F&F to buy goods and then expect PP to refund when it all goes wrong, or those who fund their account using a credit card and then charge back a refund from the card.
People always find a way of abusing a good thing and mess it up for others.