- Sep 25, 2001
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http://mommypoints.boardingarea.com...hanging-paypal-currency-setting-for-invoices/
cliff notes:
papal uses DCC which gives you worse conversion rates than the credit card linked to your paypal acct.
Basically, DCC = paypal profit because DCC shortchanges you on the exchange rate.
you can set your acct to default to your credit card for conversion rate.
but Paypal makes it difficult to change the default. (see link on how to do it.)
even with a foreign transaction fee, your credit card will still be cheaper than DCC.
and my credit card doesn't have a foreign truncation fee!
cliff notes:
papal uses DCC which gives you worse conversion rates than the credit card linked to your paypal acct.
Basically, DCC = paypal profit because DCC shortchanges you on the exchange rate.
you can set your acct to default to your credit card for conversion rate.
but Paypal makes it difficult to change the default. (see link on how to do it.)
even with a foreign transaction fee, your credit card will still be cheaper than DCC.
and my credit card doesn't have a foreign truncation fee!
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