I’ve used paypal for many years now, but this is the first time I noticed that a “FOREIGN TRANSACTION FEE” was assessed by my credit card company because of a paypal purchase.
This is a shock to me because I thought paypal would take care of all the transaction nuisances. Here is why I am worried:
1) Since paypal is charging my credit card, on my behalf, what other “fees” can be invoked on my credit card by a paypal transaction?
2) How can I trust that the fee paypal invoke will not be something astronomical. For example, what if I paid $10 for something online, but using Paypal invokes a $100 dollar fee on my credit card company?
3) Are fees triggered by paypal reversible? Can I dispute them with my credit card company? Or will they be considered untouchable since I did not directly authorize the charge through my credit card?
So beware. Paypal is not a reliable transaction handler. You are still liable for fees associated with transactions paypal invoked on your behalf.