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-   -   How to get rid of paypal autoconverting currencies for your incoming payments? (https://gfy.com/showthread.php?t=1289406)

mineistaken 12-26-2017 09:18 PM

How to get rid of paypal autoconverting currencies for your incoming payments?
 
Previously if you had USD, EUR, GBP wallets you received those currencies to appropriate wallets.
At some point paypal changed this and now auto converts every incoming currency to your main currency.

Is t possible to get rid of this shady shit (they probably decided to collect their 3% conversion fees)?

There is some info (start reading from "raminolta" post and down):
https://www.paypal-community.com/t5/...1125071/page/2

Someone suggested that they introduced prechecked checkbox on sender's part to convert to receiver's currency.
Is that correct? Or is there some actual way to prevent this semi scam?

brassmonkey 12-26-2017 11:55 PM

you are not going to cheat paypal! :1orglaugh:1orglaugh:1orglaugh

Bladewire 12-27-2017 01:59 AM

Foreign Trump supporter having delusions of fuckingbiver PayPal for a few cents :1orglaugh

BigFurry 12-27-2017 02:23 AM

The sender has to set correctly what currency the other side will receive. You can't do anything about it on the receiving end as far as I know.

mineistaken 12-27-2017 05:21 AM

Quote:

Originally Posted by BigFurry (Post 22135158)
The sender has to set correctly what currency the other side will receive.

You mean they have PRECHECKED CHECKBOX that says receiver will receive it converted to his own currency?
Because senders usually do not even know your currency if you request payment in their currency (or the most popular USD).

Ps: not to repeat myself, this semi scam (to ripp off involuntary fees) was introduced pretty recently (maybe a year, no more than 2 years, I did not register when exactly).

bns666 12-27-2017 05:36 AM

Quote:

Originally Posted by Bladewire (Post 22135134)
Foreign Trump supporter having delusions of fuckingbiver PayPal for a few cents :1orglaugh

:1orglaugh

mineistaken 12-27-2017 05:44 AM

Quote:

Originally Posted by Bladewire (Post 22135134)
Foreign Trump supporter having delusions of fuckingbiver PayPal for a few cents :1orglaugh

3% of forced conversion one way and then 3% (if needed) conversion back is huge. Some people are happy to enjoy 3% YEARLY growth on their funds, so it should say how "little" it is.

And secondly - not wanting to get scammed (or FORCED converted when you don't need it) is not wanting to fuck pp over. It is not wanting to be fucked by pp.

But we all know things are 180 degree upside down in your mentally ill invented fantasy. :1orglaugh

Ps: you must be getting paid 5 bucks if conversion would amount to only cents to you. :1orglaugh

mineistaken 12-27-2017 10:02 AM

bumpeteer

klinton 12-27-2017 10:43 AM

Quote:

Originally Posted by mineistaken (Post 22135290)
3% of forced conversion one way and then 3% (if needed) conversion back is huge. Some people are happy to enjoy 3% YEARLY growth on their funds, so it should say how "little" it is.

exactly. 6 % is a rip off. even 3 %...1-1,5 % would be decent, but NOOOO !!! they have to rip people off..

BigFurry 12-27-2017 11:05 AM

Quote:

Originally Posted by mineistaken (Post 22135266)
You mean they have PRECHECKED CHECKBOX that says receiver will receive it converted to his own currency?
Because senders usually do not even know your currency if you request payment in their currency (or the most popular USD).

Ps: not to repeat myself, this semi scam (to ripp off involuntary fees) was introduced pretty recently (maybe a year, no more than 2 years, I did not register when exactly).

Yes I agree.

Bladewire 12-27-2017 11:15 AM

Quote:

Originally Posted by mineistaken (Post 22135266)
You mean they have PRECHECKED CHECKBOX that says receiver will receive it converted to his own currency?
Because senders usually do not even know your currency if you request payment in their currency (or the most popular USD).

Ps: not to repeat myself, this semi scam (to ripp off involuntary fees) was introduced pretty recently (maybe a year, no more than 2 years, I did not register when exactly).

Your delusional mental defect is showing.

You don't know when it went into effect but since YOU just noticed it you THINK it went into effect 2 years ago, but you don't know when it went into effect, it could have been 5, 10 or 15 years ago :1orglaugh

SleepWalker 12-27-2017 11:28 AM

Quote:

Originally Posted by mineistaken (Post 22135266)
You mean they have PRECHECKED CHECKBOX that says receiver will receive it converted to his own currency?
Because senders usually do not even know your currency if you request payment in their currency (or the most popular USD).

Ps: not to repeat myself, this semi scam (to ripp off involuntary fees) was introduced pretty recently (maybe a year, no more than 2 years, I did not register when exactly).

When the sender sends you money he now gets a window like this one below. By default PP will put your default currency under "recipients get". The sender must change it back to USD before clicking "send".

https://s14.postimg.org/83vnhcv69/currency.gif

mineistaken 12-27-2017 12:48 PM

Quote:

Originally Posted by SleepWalker (Post 22135698)
When the sender sends you money he now gets a window like this one below. By default PP will put your default currency under "recipients get". The sender must change it back to USD before clicking "send".

https://s14.postimg.org/83vnhcv69/currency.gif

Yeah, and not a single person is happy with this forced conversion. (no benefits to anyone whatsoever)
Shady tactics to rip paypal members off.
Imagine how much extra money they started earning just by implementing this semi scam?

mineistaken 12-27-2017 12:51 PM

Quote:

Originally Posted by klinton (Post 22135635)
exactly. 6 % is a rip off. even 3 %...1-1,5 % would be decent, but NOOOO !!! they have to rip people off..

To be honest it is business so I do not really mind those rates for convenient conversion per se.

But forcing this is what is shady as fuck. Imagine you get money in certain currency and plan to send the same currency to someone else.
You get force converted + you convert back = double the conversion fees out of nowhere.
Shady as fuck.


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