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-   -   PayPal fucked up? (https://gfy.com/showthread.php?t=111584)

ldinternet 02-27-2003 05:04 AM

PayPal fucked up?
 
Can't pay peoplebecause of this shit.

This is what I get when I try to send $900...

Source of Funds
Credit Card:
£920.72 from Visa XXXX-XXXX-XXXX-XXXX
PayPal's Exchange Rate as of Feb 27, 2003:
1 Pound Sterling = 0.977500 U.S. Dollars

Should be more like 0.63 and £560!

What the fuck, eh? :(

Mr.Fiction 02-27-2003 05:05 AM

The dollar is coming back?

Mr.Fiction 02-27-2003 05:08 AM

Thinking more about this, shouldn't someone unethical be able to exploit that to make money somehow? Taking pounds and selling them for dollars, then change them back to pounds when they fix it, or something along those lines.

stocktrader23 02-27-2003 05:25 AM

Quote:

Originally posted by Tipsy


Nice thought but it seems it's only pounds to dollars not the other way :(

Edited for possible no sleep stupidity.

josipk 02-27-2003 07:06 AM

happenes to me to.

they take from 8-13% of your income when withdrawing the money.

I know the USD dollar was buying $1.83 australian dollars but their exchange rate was giving me $1.67 Australian dollars after that I stopped using them.

BritishTwinks 02-27-2003 07:13 AM

Their £ to $ rate is always dodgy, but not usually *that* dodgy.

Are you in the UK ldinternet?

Mr.Fiction 02-27-2003 03:22 PM

Brits! Play the PayPal currency speculation game
By Drew Cullen
Posted: 27/02/2003 at 16:24 GMT


Reports are coming in from British users of Paypal who are pointing to its astonishing exchange rate today - £1 for 97c.

One reader informed us that he converted US $150 in his account today - he got £145. "I then withdrew it to my uk bank account with no hassles!"

http://www.theregister.co.uk/content/6/29508.html

ldinternet 02-28-2003 07:36 AM

Quote:

Originally posted by CashAddict
Are you in the UK ldinternet?
I am. Seems to be more promising today.

Credit Card:
£581.44 from Visa XXXX-XXXX-XXXX-XXXX

PayPal's Exchange Rate as of Feb 28, 2003:
1 Pound Sterling = 1.54790 U.S. Dollars


:D

ldinternet 02-28-2003 10:08 AM

http://www.theregister.co.uk/content/6/29515.html

ahahaha

FlyingIguana 02-28-2003 10:17 AM

Quote:

Originally posted by Mr.Fiction
Thinking more about this, shouldn't someone unethical be able to exploit that to make money somehow? Taking pounds and selling them for dollars, then change them back to pounds when they fix it, or something along those lines.
welcome to the wonderful world of arbitrage :thumbsup

looks like a big jump, not sure what banks are charging, but i would check into it. could make a decent % with no risk

Mikey 03-02-2003 04:55 AM

seems like they mixed up the pound sterling rate and the euro rate.

AdultNex 03-02-2003 05:30 AM

Btw, does anyone have the PayPal link to the transaction fees?


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