Paypal Auto Currency Exchange For Purchases

Agreed there should be. I went back and had another look for a different purchase in dollars. There is no option that I can see. I think Im done with paypal. That is shocking policy unless theres an option in the paypal account settings to allow selection of currency without paypal exchange rates…

In my case seller was offering a dollar price. No other option. So I wanted revolut to handle the exchange rate from dollars back to the euro amount charged to my card. Paypal went ahead with the exchange from dollar to euro using their own rate and charged me in euro. Im assuming they do this because my paypal account is registered in a euro region and they make plenty not giving anyone the option to convert with their own bank / card exchange rate. Pretty low carry on.

When you go to your paypal wallet and select your payment card you get the following:

Select "Change" under Currency and you get:

If I had selected USD here would PayPal have charged my card in dollars with no PayPal exchange rate? It looks that way…

So technically it looks like they are allowing it but it would be decent of them to offer this at payment time no matter who the merchant is. Amazon have a nice drop down option at checkout to allow this choice for customers.

Also say I set my card to dollars and forget to change it back. Then I buy something in euros at a later date. Same process in reverse?

Anyway lesson learned for me. PayPal will not give you the choice when paying. Looks like you have to select currency in your card settings before each payment.

Pretty lousy as they know plenty will get caught with it and they'll make an easy 5% every time…

Here you are referring to how the merchant charges your PayPal account.

In the next sentence I state I was referring to how PayPal charged my card. Im not concerned with the merchant.

I agree with the rest of your post.