QUOTE(Exiled_Gundam @ Apr 10 2018, 04:22 PM)
I stopped using Paypal because their conversion rate most of the time differs by quite an amount compared to cc. For example, if Google says 0.036, cc will be around 0.037, but paypal could be 0.039. Only sometimes Paypal could be cheaper but most of the time it was more expensive than cc.
The difference is not that much actually. Within April alone I used direct cc and paypal interchangeably to see the difference. Recently i used cc to pay my Kaori and paypal to pay for my purple heart. Difference is very minimal. it's not as bad as 0.039. Paypal is around 0.0377 for purple heart when i paid. Maybank's CC would have been around 0.0372+, while google states it's 0.0362. But this is assuming credit card did not charge a 2% fee, usually there is a small fee whenever u use a CC. Some merchants absorb it, some merchants will charge the customer. What i noticed so far, is for every RM500 you pay, if u use paypal it's about rm8 to rm10 more expensive than using CC directly, which is not a big difference. Yeah, i do understand that rm8 can feed you a meal already. The common assumption that paypal is too expensive is not true.
Also, paypal's account system for personal accounts and business accounts are different. Business users can make paypal charge an additional amount in percentage for other fees during payment, such as the 2% card fee itself. I've sold figures on ebay to overseas buyers so i do know a bit about these things, though i do not use a business account for paypal.
I even use paypal to buy pay for movie tickets in GSC website lol. For local transactions like these there is no difference in amount compared to using cc directly. I dun have to wait for the stupid 6 digit TAC sending to my phone. One click in paypal and payment made, more convenient.
This post has been edited by EXkurogane: Apr 10 2018, 08:08 PM