I recently made some payments with paypal that requires the GBP currency.
I have added the GBP currency to my Paypal account.
I have a debit and a credit card in GBP currency (HSBC) that I use everyday.
I was not able to add these cards to Paypal. The process return the error “This card is not accepted. Please use a different card”.
I noticed that Paypal apply a particular disparaging exchange rate.
I usually use this site, xe.com that is more accurate of Google.
I concede they can use a little different exchabge rate, just enough to not loose money, but these differences seems exagerate to me.
|12 Jan 2017||0.81837||0.85198||8.85||+ 3.94 %|
|10 Jan 2017||0.8196||0.85181||0.85||+ 3.78 %|
To calculate the percentage difference I used this formula:
Diff % = ((official_rate-paypal_rate) / official_rate) * 100