Paypal
International payment of A$30 cost A$58, a 27% fee
I tried to use PayPal to send A$30. Instead, they processed US$30 and charged my credit card A$58. The recipient received A$42. What happened to the $16 in the middle? This equates to a fee of 27% on an international transaction. Now this has got to be a ripoff! The PayPal system is just not ...