Hi fellow bootstrappers,
I recently realized that PayPal is - through a combination of fees hidden in the ToS and some … err … interesting UX design decisions pushing people towards handling currency conversions for them.
The lucrative part is that PayPal charges 3-4% FX fee (compared to your CC that charges 0-2%).
So next time you buy something online through PayPal in a foreign currency, make sure they do not handle the currency conversion for you.
I’ve written a longer, more detailed article about it, if you’re interested in that: https://www.saasemailmarketing.net/articles/paypal-ripoff/
P.S. I’d appreciate any shares of that article