How does currency conversion work when I make a PayPal payment in foreign currency using my credit card?

When you pay through PayPal in a currency different from the default currency of your credit card, the payment will go through currency conversion. Generally, you can choose to use one of the two currency conversion options below:

  • Use PayPal's conversion process: We'll complete your transaction using your card's currency. You can see the transaction exchange rate (which includes PayPal’s currency conversion fee) before you complete the payment.
  • Use the credit card issuer's conversion process: We'll debit the amount from your card in the currency determined by the seller. We won't know the foreign exchange rate at the time of payment. You'll only see the foreign exchange rate or any additional foreign exchange fees until you receive your card statement.
Generally, you'll be able to change the conversion option for your card payment before completing the transaction. Here are some scenarios:
  • If you're sending a payment via your Send and Request page, click Change next to "Convert currency with PayPal" in your payment details.
  • If you're making a payment at an online store, click View conversion options on the payment page. Then you can select to convert the payment amount with your card issuer.
  • If you use an American Express card, you don't have the option to use PayPal's conversion process. American Express takes care of the conversion.
  • If you’ve authorised automatic payments at an online store, you may not have currency conversion options and PayPal may convert the currency for you. Where PayPal performs currency conversion for that automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal's currency conversion fee) in effect at the time the automatic payment transaction is processed.
  • PayPal’s currency conversion fee will be included in the transaction exchange rate if your payment requires currency conversion. To learn more about the fee details, please refer to the Fees section in our User Agreement.