Something bout paypal

[Bl0w Ranq]

so, i was first doing business in rsgp's only, but found out Paypal is a good way to earn some extra cash irl, as i dont want to take a job.
but i see alot people selling at paypal with this sign '$', it means dollars obvisously, but when someone from america deals with me (in live in the netherlands), and he pays me via paypal, does the dollar then turn into euro's for me?
or i just got USD on my paypal, which i cant transfer to my bank account, cause i cant pay with it in my land.
just wondering

 

[lord harry]

You can convert it into any currency you want

 

[RsProd]

There's a currency exchange on your paypal automatically. So if you receive in USD, you can convert that into Euro's whenever you like. Usually their conversion rates are terrible.

 

Moved to Assets and Investment Discussion.

 

[mysterious123]

The good thing about Paypal is that they don't charge you for transferring money, but the con of using them is that their exchange rate is horrible.

Don't be fooled though, once you receive the money to Paypal you'll see it in your currency on Paypal. That does NOT mean it has been exchanged for your currency but it is simply shown the exact worth of it in your currency.

Once you purchase a product you'll be charged with the horrible exchange rate.

 

[Busta305]

You can exchange to euros but there will be a 2.5% currency exchange fee, you can also put in your settings so that all currency you receive is automatically converted to your local currency.

 

[Fuzzey]

You can convert any form of currency but the exchange fees are quite high :S

 

[Tckr]

PayPal opens the door to chargebacks and then it becomes a mess.

You should just accept RSGP and then sell it to trusted people.