PayPal sucks, raises foreign currency conversion fees from 3.25% to 3.75%

May 6, 2020 / 0 comments

In the fall of 2019, PayPal increased their currency conversion fees, hiding the new terms in a user agreement update. Before September, there was a fee on currency conversions, which was 3.25% to 3.75% for cross-currency payments, and 2.5% to 3.75% for simple balance conversions.