Misleading Currency Conversion!

[itzenterprises]

Am I the only one frustrated by eBay's misleading currency conversion?

Most of the time its not a lot of money but as I purchase more expensive items from overseas it becomes a bigger concern, particularly in USD.

Considering eBay owns Paypal there should be a lot better fluency,

Ill give you an example below;

One item i ordered was listed

US $131.96
AU $127.77

+ US $39.99
   AU $38.72

   postage

So thats $171.95 USD
and $166.49 AUD according to eBay.

As for the Paypal transaction
$171.95 US turns into $172.15 AUD

Now forgetting what the actual exchange rate is at the moment and how little amount that example shows, it feels misleading, you go off eBays conversion only to find your paying more by Paypal, even when Paypal is owned by eBay.  It should be more universal, fluid.

Im about to buy a much more expensive item of eBay from the US, but all im concerned about is how much more Paypal is actually going to charge me! 

Anyone else share this concern?

[lyndal1838]

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@milijarder wrote:
When did they take this option away?
Choosing PayPal conversion rate or your own banks?

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Nobody has taken the option away....the option for paypal or your bank to do the conversion has been there as long as I have been using paypal and it is still there.

[evergreen_gardens]

Charges are very misleading. Australians pay more for eBay, Paypal and a lot of other things as they put up with it where as people in other countries do not. Thankfully Amazon is making its way into the online marketplace in Australia hopefully over the following year and they charge not nearly as much as ebay does (especially for sellers).

[davewil1964]

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@evergreen_gardens wrote:

Charges are very misleading. Australians pay more for eBay, Paypal and a lot of other things as they put up with it where as people in other countries do not. Thankfully Amazon is making its way into the online marketplace in Australia hopefully over the following year and they charge not nearly as much as ebay does (especially for sellers).

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Not according to the figures they gave me.

Whicfh has absolutely nothing to do with Paypal vs bank currency conversion costs.

[tazzieterror]

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@evergreen_gardens wrote:

Charges are very misleading.

How so?

Australians pay more for eBay, Paypal and a lot of other things as they put up with it where as people in other countries do not.

What on earth are you ytalking about?

Thankfully Amazon is making its way into the online marketplace in Australia hopefully over the following year

It's actually here already, and so far is underwhelming in both the range of products available, and its prices.

and they charge not nearly as much as ebay does (especially for sellers).

Rubbish!

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[digital*ghost]

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@evergreen_gardens wrote:

Charges are very misleading. Australians pay more for eBay, Paypal and a lot of other things as they put up with it where as people in other countries do not. 

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People in other countries "put up with" getting paid $2 an hour (I'm talking about things like the service industry in the US, a highly developed country but where minimum wage can be as little as $6 p/h, or significantly less but + customer tips). 

If you convince Australians to follow suit, give up lots of other benefits, I am sure pricing in this country would drop, as well. 

[abc27979-3]

I was selling in usd but I was charged sales free in GBP, this for one year. I didn't know. I just realized I'm charged too much .How can I get my money back?

[abc27979-3]

I was selling in usd in Australia,my account was created in the UK . I was charged sales free in GBP, this for one year. I didn't know. EBAY kept quiet, I just realized I'm charged too much after one year .How can I get my money back ? Please send me your support

[davewil1964]

I can't support you, sorry. Especially given your complaint has nothing to do with this subject.

It is up to you to know where you are registered and where you list, and what currencies your items are listed with.

[2014ad888]

yes they do charge more on conversion 

I did bye and item USD 130,77 that is AUD 173.35

this was the final payment on the bil

But once you go and check the bank they charged AUD 181 and some cent

That how you make buyers full

[davewil1964]

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@2014ad888 wrote:

yes they do charge more on conversion 

I did bye and item USD 130,77 that is AUD 173.35

this was the final payment on the bil

But once you go and check the bank they charged AUD 181 and some cent

That how you make buyers full

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Maybe you should have read the other posts in this thread that you have resurrected from the dead.

Then you would know why and how it happens.

Then you wouldn't have needed to resurrect it to add nothing to the holistic understanding of the 'issue'.

Nothing to do with eBay, everything to do with bank conversion fees (that's one of the bits you didn't bother reading).

A bye is a run in cricket where the batsman didn't hit the ball. I'm unsure of how that relates to online buying, but I welcome your elucidation.