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which is cheaper?

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alkevin:
My question is which way is better and cheaper to buy using Ebay: paypal or credit card? Because I did notice the exchaging for paying in dollars to euro was 1,02, but the currency converter said 0,93.I´m confused.

kitkatvintage:
I believe PayPal adds a percentage to the currency conversion for sales between US & all other countries. I read in their most recent TOS update that they are increasing the fees on international transactions at the end of March.

Most US eBay sellers only use PayPal. Credit card payments go through PayPal, so I'm not sure that you have a choice in those cases.

I know a lot of European sellers have a bank transfer option. Since that is not common in the US, I'm not very familiar with it, however that may be cheaper if you are getting a direct currency conversion without PayPal's additional charge.

alkevin:
I noticed that the seller had a credit card option besides paypal, but it seems paypal is more secure.

Stormness_1:
It depends on your credit card. If your credit card has a decently hassle-free claims process, and a live account balance online where you can check for any fraudulent transactions, it can be cheaper if you don't have big currency conversion fee. Paypal is easier to pay with and guaranteed secure, but often more expensive. For ebay, I use Paypal, simply because an ebay claim is quicker and easier than calling my bank and getting my card re-issued, but for local brick-and-mortar stores that have an online order process, I'll forgo Paypal and just use my credit card, less fees, and there's rarely an issue as I trust them.

Taffeta:



--- Quote from: kitkatvintage ---I know a lot of European sellers have a bank transfer option. Since that is not common in the US, I'm not very familiar with it, however that may be cheaper if you are getting a direct currency conversion without PayPal's additional charge.
--- End quote ---

Bank transfers usually come with large fees if going abroad. I think within the Eurozone there might be different rules - never been in it, so don't know - but if you are transferring to a different currency, expect a large fee. I would avoid bank transfers in those situations unless there is no reasonable choice.

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