2008bangkok Posted October 3, 2018 Share Posted October 3, 2018 So i sent 2 different people 40 GBP yesterday. For one i used a website I paid with normal credit card payment 40 GPB - 1633 baht For the other i used Paypal 40 GBP - 2002 baht.. Thats over 20% more than normal card payment charges. Thats certainly more than the 4.55 advertised. Is there any other gateways which charge better rates. Link to comment Share on other sites More sharing options...
KneeDeep Posted October 4, 2018 Share Posted October 4, 2018 What is wrong with the credit card rate? Seems perfectly reasonable to me. Link to comment Share on other sites More sharing options...
KneeDeep Posted October 4, 2018 Share Posted October 4, 2018 If you are asking about better gateways, it depends on what methods are accepted by the second person. Link to comment Share on other sites More sharing options...
CharlieH Posted October 4, 2018 Share Posted October 4, 2018 Its down to what facility the receiver has. If its personal check out Western Union money transfer. If its a business stick with credit card as you have more protection. Link to comment Share on other sites More sharing options...
PerkinsCuthbert Posted October 4, 2018 Share Posted October 4, 2018 I have nothing good to say about PayPal. Link to comment Share on other sites More sharing options...
gamini Posted October 4, 2018 Share Posted October 4, 2018 PayPals Fees are ridiculous for international transactions. For which a credit card is better. However if you use PayPal for local purchases like Lazarda or booking a hotel room or any transaction with a local company, there are no fees. PayPal simply deducts the amount from your link credit card or bank account. It's also useful if you are receiving money from online sales or book royalties. Link to comment Share on other sites More sharing options...
CharlieH Posted October 4, 2018 Share Posted October 4, 2018 Moved to "money matters" Link to comment Share on other sites More sharing options...
FitnessHealthTravel Posted October 4, 2018 Share Posted October 4, 2018 PayPal make their money from currency trading not small fees. Their International currency conversion rates are the highest anywhere. Link to comment Share on other sites More sharing options...
Pepper9187 Posted October 5, 2018 Share Posted October 5, 2018 On 10/4/2018 at 11:56 AM, FitnessHealthTravel said: PayPal make their money from currency trading not small fees. Their International currency conversion rates are the highest anywhere. Indeed ! But there's an option that you can select so that if you buy something in another currency, the conversion will be done by your bank and not paypal. It's hidden somewhere in your wallet / payment options, of course, by default paypal do the conversion for you with their crazy rates : Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.