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Dec
05

Is Paypal ripping Canadians off?

Paypal calculated rate

For at least 3 days now, the currency exchange rate used by Paypal to convert American money to CAD dollars has been stuck to 1.20588. All through the recent Canadian dollar plunge, the rate has not changed. Locking an exchange rate like so is fraud. The problem has been reported to Paypal. As a result, their rate is still locked, as of now, 9h27pm, Easter time, Friday. Read more →

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