Ever let PayPal convert for you when purchasing online in a different currency? Or trying to withdrawal foreign funds from your PayPal balance back into your local bank? You may have noticed that PayPal conversion fees are exorbitant and vastly differ from the rates you see on Google. A payment checkout page usually looks like this:
Given the option of choosing between PayPal automatic conversion option and your card’s conversion rate, the consumer is effectively dealt with a poor hand of cards.
Want to avoid this from happening?
Here’s how to avoid PayPal conversion fees when spending or withdrawing USD as a non-US citizen!