Simply Stu Kick Ass with Goat

PayPal Rip-Off

Thursday 28th December

So… I received a payment of 4.00 SEK yesterday for isitfriday.net. (that’s Swedish Kronor, by the way). According to xe.com, that converts to about 29.6p.

PayPal asked if I would like to

a) Convert the funds to GBP, giving me 28p
b) Start a Swedish Kronor balance on my account
c) Reject the payment

I thought it would be cool to have a Swedish balance on my account - I might then be able to pay in advance for things like Big Floppy People or things to be taken there for me to collect, but in the end I thought, well 28p isn’t a bad conversion… I’ll have that.

On accepting the payment, I was met with:

Total Amount: 4.00 SEK
Fee Amount: -3.41 SEK
Net Amount: 0.59 SEK
Conversion From: -0.59 SEK
Conversion To: £0.04 GBP

What? Four chuffing peas? Bah!

Ah well… I’ll add his name to the list anyway. It was fun.

I suppose when it comes down to it, the 3.41 SEK fee is a moderately reasonable 25p which can be expected from a premium PayPal account.

Written by stu

December 28th, 2006 at 11:25 am

Posted in Grrr

3 Responses to 'PayPal Rip-Off'

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  1. I don’t like paypal either, but for an entirely different reason :@

    UKCodeMonkey

    28 Dec 06 at 12:03 pm

  2. Yes. You are entirely justified in not liking them.

    stu

    28 Dec 06 at 12:11 pm

  3. You can fly to france and back twelve and a half times for that kind of money!

    Rob

    30 Dec 06 at 12:45 pm

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