eBay US$ cost estimates biased / help vendors sell

IVI on 20/09/2013 - 07:09

I love the PayPal app on Android, but only when using it did it become obvious that we are encouraged to think that what we're considering to buy is ~10% cheaper than it will cost us, if we let PayPal do the currency exchange.

Example: US$ 199.95 (AU$ 213.76)

In this case, PayPal debits AU$ 233.07

That's about AU$ 20 -more- than we expected.

Since eBay & PayPal merged, it is not unreasonable to expect & get much better estimates of our Aussie $'s buying power than we're provided - by eBay - today.

perhaps our nearest Consumer Affairs or even ACCC can pull eBay's chain to get this fixed…?

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Comments

  • theworks on 20/09/2013 - 07:37
    +1

    Ohhh thats sneaky! I have my 28 degrees card hooked up to my paypal and just pay in the local currency. Paypal is a terribly expensive service.

    • ShannonIngram on 20/09/2013 - 08:46

      I second this. I've got my paypal set to debit AUD instead of using their conversion rates and have always been a lot better off this way.

  • [Deactivated] on 20/09/2013 - 08:51

    (Just hear me out…)Paypal actually have to make money. Thats how they pay the staff and internet and website costs. To do this they charge a 3% transaction fee. Now in all the many years that I have being using ebay/paypal there was only one occasion where I was charged the 3% instead of the vendor absorbing the price. I contacted the vendour and complained and they did nothing, it wasn't until I gave them negative feedback that they offered to refund me some money if I changed the feedback. Of course I agreed. But really it should not have come to this, and as I said it has only happened once. Give them a neg feedback. Goodluck.

  • Baghern on 20/09/2013 - 12:23

    Rusty it monopoly money. They're gouging because they can, no different to how ebay keeps increasing their fees.

    In Europe and the US there are strong alternatives.

    I rem reading an article that Australia( I dont rem which agency said this) want to institute an alternative.

    • leonheart1 on 21/09/2013 - 01:12

      This shows how easy it is for spammers to make accounts.

      • Moderatorneil on 21/09/2013 - 01:15

        And gone within minutes…

        Actually, the majority of SPAM accounts get blocked automatically but obviously it's not fool proof. Just keep hitting report.

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