Dear Ebay Team,
We are paying a huge fee for currency conversion in paypal.
If we keep money in paypal for a bit long time and dollar prices comes down we bear VERY BIG loss.
I changed my paypal account and was not able to withdraw funds in paypal for a month time, funds were approx 10,000 USD the price while taking payments was 49 INR = 1 $ and today its 45 INR = 1 $
I have beared flat 40,000 INR loss without any faults of mine. I now cannot withdraw my money from paypal because i cannot bear such a big loss till the dollar price go up again.
Why are we paying such HUGE currency fees ?
Why don't paypal gives us option to send money requests in indian money to buyers.
In paisapay ... paisapay charges buyers card for currency conversion while in paypal we have to bear all the fee and its not enough we also have to bear loss if the dollar rate comes down.
Please help this is not good and fair.
Paypal should introduce indian currency soon.
Please look into this matter.
Thank you