paypal

I have had good experiences with paypal in US buys and transfers. However I have had friends with horrible stories of how they purchase something in peso's with a peso account and how paypal transfered it into dollars then back into peso's of course making a heavy profit and upping the cost considerably. Then after that charging a nominal fee of around 1200 peso's for their currency conversion as well.

 

I am totally sure there is much much more to that story, I purchase from my peso account plenty of times several services there was never a currency conversation, and you totally control the number you enter and agree to pay.

 

Probably Rhoody, like I said I only had good experiences but limited. It sounds a bit far fetched for the rest but have had 2 different people tell me that but I'm sure theres a dozen who haven't had such issue.

 

My issues with Paypal when I send Money from Canada to the Philippines to a relative(Niece) that don't have any bank account or bank cards as requirements to claim the money that I sent. So I had to pay double( sending/receiving) for services that did not accomplished anything!

 

Ahhh, so it cost you money because you did not bother to look into how Paypal actually works!

Larry

 

I am a true believer in......"Don't sweat the details"

 

I am a true believer in "if you think education is expensive, try ignorance!"

And, of course,

"ignorance is bliss!"



Larry

 

Agreed; I did not thoroughly researched on how Paypal actually works but in my defense; a good courier service should be flexible with the "common sense" that not everyone in the Philippines has extra money to deposit in the Bank let alone
enough money to buy food . I fully understood about security but not to the point of being paranoid to the extend of not
accomplishing the purpose of what the serviced was paid for!

 

I tend to disagree, Gene
1st paypal is a company and no charity
2nd as long a bank-account cost less than a cheap re-con cellphone I am almost sure the family/person you send money to would be able to have a bank account.

Ask how much she spend for load in a year and than we could continue the "common sense" discussion

 

Paypal is not a "courier". Paypal is a subsidiary of Ebay, and it's primary function was for online payments of goods and services. It has always been tied to bank accounts, credit cards, etc. Until just the last two years or so, Paypal generally would not work in the Philippines at all.

It costs nothing but about 20 minutes of someone's time to open an EON account at Unionbank, which ties to a Paypal account in minutes. No money needed at all, certainly less than a cell phone which Rhoody pointed out.

Larry