![]() ![]() When you use the PayPal App in the US to send a payment to a different currency, you will be using Xoom, a PayPal Service. If you choose to use MasterCard or Visa’s exchange rate, the applied conversion rate will be shown on your credit card statement, and not at the time of the transaction. If you use your credit card to send a payment, you can usually opt to use your credit card provider’s conversion rate instead of PayPal's. The exchange rate provided by PayPal is fixed for each currency and does not change for small or large amounts. The exchange rate that PayPal then provides you also includes a processing fee above the base rate. On top of the currency conversion fee you pay to PayPal, you may. This is -4.37 compared to the mid-market rate. The base foreign exchange rate at which PayPal obtains foreign currency is determined by 3rd party financial institutions, and are adjusted regularly based on market conditions. The PayPal AUD to USD exchange rate is 0.63960. Hub Payments JSo you want to send an international payment but are not sure about the exchange rate Here is how to check before you send a payment. How is the PayPal exchange rate calculated? ![]() Keep in mind that PayPal is already charging you 2.50 per transaction as a fixed fee. When you use a debit/credit card to pay for your transfer you will be charged an extra 3% when you load your PayPal wallet. Here are the results: 2,500 converted to Euro by PayPal: 2,171.92 2,500 converted to Euro by my bank: 2,216.06 Crazy huh More than 44 difference on each transaction That’s around 2 more added cost on each transaction. When you use the PayPal to make a foreign transfer the total cost will depend on how you pay, but generally you will be charged between 4%-7% percent of the total amount being converted depending on how you pay. ![]()
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