Quote from: Sammy the Cat on January 26, 2017, 19:36
Appalling?? It's only 2.5% no worse than banks or anyother financial outfit.
They have to make some money in order to offer a great service like that
yes, indeed, appalling -- in most of Europe, you get REAL forex rates for your foreign currency payments (Den Danske Bank, Creditanstalt Austria, Svenska Handelsbanken, Deutsche Postbank, Credit Agricole -- just to name a few). The typically anglo-saxon approach of greed and of ripping off the little guy makes Paypal seem "like other banks" in some places (UK, U. S. where no one has even heard about foreign currencies existing, pun intended)...
And what's that "great service" Paypal are providing, again?
In this time and age of Bitcoin, Litecoin, other Crypto currencies offering INSTANTENOUS and next-to-no-cost payments wordwide, who really needs Western Union, Paypal, or even the -- in fact -- slightly better Payoneer services?
It is easy to convert Paypal dollar (or any other) balances to bitcoins and on to a local currency using the right Bitcoin Exchange in your local country (local currency, bank account). You may even sell bitcoins over-the-counter and without needing wallet software when using localbitcoins.com in face-to-face transactions available in most cities that have Starbucks or Burger King. All of these options will save you all those -- truly -- annoying fees. (Feel free to PM me if you need URLs for a local exchange in certain countries, too wide a subject to include it here.)
Better still would be some stock agency actually offering Bitcoin payments in the first places. Curious to see when that will finally happen.
Bitcoin, Be Your Own Bank -- in case you guys still haven't heard about it...!
