I'm not sure if this is the right place to ask this question, if i'm wrong, please inform me, thanks,


I got a question about using Credit card or Debit card to make online purchase via PayPal,
about the charges,

I'm using a EON Bank Master debit card, I linked my card to Paypal, and use Paypal to purchase online,



an example, I made a purchase USD 5.00 with 3.26 exchange rate to RM,

5.00 x 3.26 = 16.30

I got RM 16.30 deducted from my bank account,

02/04/10 EDEBIT PURCHASE-SA (ATM) -RM16.30

then 1-2 days later,

04/04/10 EDEBIT PURC CANCL-SA (ATM) +RM16.30
04/04/10 EDEBIT PURCHASE-SA (ATM) -RM16.56

I got my RM 16.30 back and deduct again RM 16.56, and this is the final charge of my USD 5 purchase,

This is the same to all the purchase I made via paypal, but I can't get a right % or a way to count it right,
different exchange rate purchase, different extra % charge, just don't get it,

I'd like to know how to count this? how does it actually charge me. Anyone know?

1 more example,

USD29.99 exchange rate when purchase = 3.3024

16/03/10 EDEBIT PURCHASE-SA (ATM) -RM99.04
18/03/10 EDEBIT PURC CANCL-SA (ATM) +RM99.04
18/03/10 EDEBIT PURCHASE-SA (ATM) -RM101.47


thanks

This post has been edited by squall0833: Apr 9 2010, 11:28 PM

eh,

I got question, normally if I purchase something with paypal in USD,

it always charges with current currency during purchase,
but today i bought something with 3.295, it charges me 3.39 straight away, it was 2 days ago currency rate..., that's alot, any idea?

This post has been edited by squall0833: May 28 2010, 01:58 PM

Well, i'm using debit card,

normally, it always pre charge with global rate,

of coz 2 days later, final charge will be more than that , to bank or paypal, (i.e if 1USD = 3.295 = RM3.30 (current global rate, 2 days later, final payment thru will be RM 3.9 or more) <-- the extras to bank or paypal
just the last purchase i made on May 27, it charges with more 0.1 than global exchange rate, means after the final charge, even more and expensive


all the purchase I made before, pre charge surely follow the current global exchange rate, and 2 days later, final charge will be more expensive than the first charge,

just last friday I made a USD 7.5 purchase, global rate was 3.295 (should be RM24.71 , but my pre charge was RM 25.44, around 3.392 rate)

2 days later... it charges again even more expensive than 25.44


just wondering, why only the last payment pre charge higher than usual

I always follow the currency rate on xe.com for reference as first pre-charge, any other extras should be charged on final charge.


well, I didn't use my debit card to purchase online directly, just don't feel like to expose any of my info to the merchants, not because I don't trust them, just want to reduce the risk as much as possible, so go on paypal for paying a little bit extra on charges,

I've been using paypal for a year, only the last purchase charge is different

This post has been edited by squall0833: May 30 2010, 03:43 PM

In my PayPal Acc ?

hmm... didn't really notice it though, + /facepalm

I'll check it on next purchase then,

thanks for help, really appreciate,

This post has been edited by squall0833: May 30 2010, 03:54 PM

there's some difference by using debit card i guess

maybe different charge method

This post has been edited by squall0833: May 30 2010, 05:33 PM