Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: niteowl on February 20, 2015, 02:35:27 PM
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Hi Sifus,
I want to ask how come paypal do not allow payment using link to bank account to pay as staright away need to pay with credit card?
Or did i miss something? Paying with credit card in paypal incurs additional 4% which is very 'siong'.
Can those with Paypal experience share or help with this as this is my first time using Paypal.
Thanks in advance
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All the while am linked with my credit card. Not sure can link with bank account.
Usually the seller absorb 4% fees unless stated otherwise.
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Seller in Alibaba demands extra (?4%) charges from buyer!
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AFAIK, only RHB bank account can directly link for now.
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Thanks All for the sharing.
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Tumpang thread since the topic is on Paypal;D
For payment via credit card, there are 2 options:
1. DCC (dynamic currency conversion) whereby the amount is charged in MYR (which is very high)
2. based on Visa/MC rate whereby the amount is charged in the foreign currency
any idea when will option 2 be charged to the credit card?
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I think you can choose.
When u checkout, click the option i want to use bank conversion rates.
Way lower than Paypal Rates
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I think you can choose.
When u checkout, click the option i want to use bank conversion rates.
Way lower than Paypal Rates
I was initially shocked at the rates Paypal provided!
Fortunately i found the Visa/MC conversion rates and opted for that instead
But so far the amount is not being charged to my card yet so unsure what rates i'm getting...
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Theyll charge at the end of the month, its the converted amount plus 1% of the converted amount as conversion charges
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thanks for the info bro
still better than Paypal's 2.5% :Scolding:
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Anyone knows using PayPal via mobile phone allow to choose the conversion rate option? I remembered I can choose only using a PC.
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Kenji what are you getting?? Hehe
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Kenji what are you getting?? Hehe
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will post wristshots upon arrival ;D
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kenji, option number 2. :)
And ya, please post some wrist shots too... hehe
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Anyone knows using PayPal via mobile phone allow to choose the conversion rate option? I remembered I can choose only using a PC.
AFAIK, PayPal mobile 'short' already. Like :Scolding:
Better use PC.
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If you want safe of cause you need to pay the 4% stated by seller. or you can do direct bank transfer if you know the seller.
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Paypal link to credit card is problem now , happen to me also
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Nice
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Hi, my case is I found a private seller from UK in chrono24 and I'm interested to buy a watch from him. How can i sent him the money with the least fees? He suggest me to use paypal but i'm not confident with paypal. Haha
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Hi, my case is I found a private seller from UK in chrono24 and I'm interested to buy a watch from him. How can i sent him the money with the least fees? He suggest me to use paypal but i'm not confident with paypal. Haha
Paypal is the safest and easiest way.
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Paypal fees is charged on seller so you pay no fees (unless it's already factored into the asking price). Only thing is Paypal exchange rate may not be so favourable. But as a buyer Paypal is the safest way to go as you are protected in case of any fraud.
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Ok. Thanks guys. I'm confident to proceed the deal now. Haha
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Paypal fees is charged on seller so you pay no fees (unless it's already factored into the asking price). Only thing is Paypal exchange rate may not be so favourable. But as a buyer Paypal is the safest way to go as you are protected in case of any fraud.
You could further consider using the Mastercard/Visa Forex rate option during payment. I have done so on a few occasions and found that the amounts reflected in the statements were lower than that of the PayPal Forex rate. But do note that Forex fluctuates and in the current economic climate, it may be better to buy sooner than later given how our MYR is doing, and there's news of Moody's looking at re-assessing the Malaysian rating if any 1MDB bailout derails the fiscal consolidation :'(
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You could further consider using the Mastercard/Visa Forex rate option during payment. I have done so on a few occasions and found that the amounts reflected in the statements were lower than that of the PayPal Forex rate. But do note that Forex fluctuates and in the current economic climate, it may be better to buy sooner than later given how our MYR is doing, and there's news of Moody's looking at re-assessing the Malaysian rating if any 1MDB bailout derails the fiscal consolidation :'(
Thanks for the tip. Lucky that my income is not in MYR or I'd be taking a bit hit when buying from foreign sellers ;D