Heads up - Paypal increasing their Exchange Rate Fees

Discussion in 'Transformers Toy Discussion' started by flynnibus, Feb 16, 2017.

  1. flynnibus

    flynnibus Masterpiece Addict

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    Ebay:
    Paypal gave notice they are updating their policies, including a change in their Exchange Rates charged in international buys.

    The summary of changes are here - PayPal

    The big one for us is they are changing the uplift they charge on currency exchange from 2.5% to 3%

    Sellers are also getting some changes in international fees
     
  2. SgtLemon

    SgtLemon Well-Known Member

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    Well because of Brexit, prices have went up on Transformers (Don't no if correlation, but probably is). I just hope now more Ebay sellers start using the Ebay Overseas shipping method now so their is no import fees.
     
  3. Ragnar

    Ragnar Fun with G1

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    Thanks for sharing the details of this change. This will affect the cost of my PayPal payments with HLJ orders originating in Japanese Yen.
     
  4. DoubleClouder

    DoubleClouder Prototype / Testshot collector

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    You can set paypal to use your credit cards exchange rate, so unless I am reading this wrong, this shouldn't affect it.
     
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  5. slugslinger2004

    slugslinger2004 TFW2005 Supporter

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    I like some things they're changing, but the increase in fees sucks. It's going to cost a bit more to import from HLJ, anime-export, etc. but also to sell outside the US as well as there's a .5% increase on their seller fees too.

    Also, what's with the non-discouragement clause?
     
  6. stevej

    stevej Well-Known Member

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    The sooner sites switch from Paypal to, say, Stripe or other payment gateways that allow you to just use your credit card, the better... Though obviously eBay have no reason to do this.