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Starting on October 9, to increase the ease of conducting international transactions, PayPal will begin to support transactions in multiple currencies. The initial roll-out of Multiple Currencies will give PayPal account holders the option of sending and receiving their payments in Pounds Sterling or Euros, as well as U.S. Dollars.
Good news for those of us targetting the UK and Europe.
Jake, I don't know if they did a press release or not. It was in a web sellers bulletin from PayPal as you logged in.
A new round of attacks by online criminals is being directed at online payments service PayPal this week, including e-mails that inform account holders they need to re-enter their credit card data because "we had some trouble with one of our computer systems."
i for one think this is great news - people in the uk etc get ripped off big time on charges when it comes to paypal so i for one welcome this change
Another good reason for accepting other currencies. In fact, the ONLY American company that gets any of my money that charges in $ is Google. (Because 5c is cheaper than 5p!).
People like and people want to pay in their own currency. Currency conversion is not for the weak-hearted.