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Why Does Paypal Have A Lower Exchange Rate - Technology Market - Nairaland

Nairaland ForumScience/TechnologyTechnology MarketWhy Does Paypal Have A Lower Exchange Rate (827 Views)

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Why Does Paypal Have A Lower Exchange Rate by codest(op): 11:37am On Dec 21, 2016
Hello money brokers in d house, pls I'm curious as to why PayPal has a lower exchange rate(I.e to naira) as compared to others such as skrill, neteller n co.

Likewise what determines d exchange rate, e.g why is neteller's value higher than that of skrill
Re: Why Does Paypal Have A Lower Exchange Rate by sbenjy(m): 12:17pm On Dec 21, 2016
i think the answer is simple. It has been the favorite of all. Can be funded easily even by yourself as compared to others
Re: Why Does Paypal Have A Lower Exchange Rate by Rhaspody(m): 1:52pm On Dec 21, 2016
codest:
Hello money brokers in d house, pls I'm curious as to why PayPal has a lower exchange rate(I.e to naira) as compared to others such as skrill, neteller n co.

Likewise what determines d exchange rate, e.g why is neteller's value higher than that of skrill
What do you mean by lower rate. Right now Gtb charges 320 with $100 per month limit.
Re: Why Does Paypal Have A Lower Exchange Rate by codest(op): 6:00pm On Dec 21, 2016
Rhaspody:
What do you mean by lower rate. Right now Gtb charges 320 with $100 per month limit.
I mean when u want to exchange PayPal for naira n not what u're saying
Re: Why Does Paypal Have A Lower Exchange Rate by willian10: 11:39pm On Dec 21, 2016
codest:
Hello money brokers in d house, pls I'm curious as to why PayPal has a lower exchange rate(I.e to naira) as compared to others such as skrill, neteller n co.

Likewise what determines d exchange rate, e.g why is neteller's value higher than that of skrill
Because the charges is lower & PayPal has more users
Re: Why Does Paypal Have A Lower Exchange Rate by hakinze00(m): 12:32am On Dec 22, 2016
Rhaspody:
What do you mean by lower rate. Right now Gtb charges 320 with $100 per month limit.
Really just $100 limit even with the use of naira mastercard?
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