Truth?
So the fact that a company attempts to make a profit for its customers means they are simply thieves?
Are all companies thieves?
Or are you simply jumping onto the "I'll just ****-off Paypal" bandwagon?
I'd love to hear your personal experience where Paypal have actually thieved money from you - oh and if you do, please tell us all the details and don't give us the usual one-sided account of how they just took your money for no reason at all.
Thieves not in the literal sense, thieves in the sense they "own" the market and there isn't really another choice in many situations as so many people like to pay you for stuff with paypal and won't\can't do a BT.
They exploit this problem.
A little how any market is exploited, take OPEC (oil). They do the same, however they are a group of 3rd world countries. This would never wash in the US\Europe.
Reason for high oil prices isn't a production problem, much like the reason for paypal charging high fees isn't based on their costs. Its a goldmine funded by suckers like myself who are left with little choice but to accept it.
I've lost just under £40 to them this month alone, just selling my HD DVD collection that I no longer need\want.
Worse than thieves, at least their honest about it!
3.4% + 20p is not a fair commission to take.
Finally have you seen their currency conversion? I don't know where they get their figures from, but they really are daylight robbery
£1 = £1.89!!!!
The Bloomberg Currency Calculator gives quite different exchange rates, I smell fish and it stinks!
