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Old 05-10-2007   #1 (permalink)
Jerlene
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Default Foreign Transactions Fee

for PayPal ATM/Debit Card and PayPal Virtual Debit Card Usage

Notice Date:
March 8, 2007
Effective Date: April 12, 2007
The Fees section in the PayPal user agreement will be amended to include the following fee: 1% Foreign Transaction Fee for cross border PayPal ATM/Debit Card payments or cash withdrawals, or Virtual Debit Card payments. This fee will apply even if the transaction does not require PayPal to make a currency conversion.

More fees. Good for PayPal, bad for us. Was this really necessary? I didn't really notice this when it happened. Just noticed that PayPal was different today and saw that they updated their policy so I gave it a look.
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