Yes it did. I found the code searching the web one day. Fasttech reported back to someone, that it was some kind of special code that they had given to someone, that wasn’t suppose to be used by the public. So they kept the code but changed the % amount.
AFAIK, if your paypal linked mastercard, the exchange rate is rendered based on mastercard rate regardless the bank issuer. but if linked to visa, it’s based on bank own rate when transaction is posted. CMIIW.
I always use my CC conversion rate, since mine only charges the currency exchange, no conversion fee. It adds up.
From what I noticed with other CC rates, PP was comparable: Conversion plus about 2.5%.
I switched from the PP exchange rate to my CC rate, but noticed the other day my CC company now charges a 2.75% “non-sterling transaction fee” on top of their commission. Might go back to Paypal’s rates.
My credit card (Halifax Clarity) doesnt have a non-sterling transaction fee so I’d like to use that, but I dont see a way of doing it when using Paypal.