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Paypal sucks.
Posted: 10 July 2009 06:12 AM   [ Ignore ]
reshee
Newbie
Total Posts:  21
Joined  2009-07-10
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I bought a domain for $6000 but because of the refund, I lost about $350 due to currency conversion. So be careful if you are buying something from different countries.

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Posted: 10 July 2009 11:12 PM   [ Ignore ]   [ # 1 ]
ranu
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Total Posts:  19
Joined  2009-07-10
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If you both have the same monetary unit I don’t think the transaction will create a problem. The case mentioned above is also true for other payment processors like Xoom. Sending funds using the recipients local currency instead of dollar denomination seems to be impractical because local currency exchange rates are a bit appreciated.

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