Quote Originally Posted by Borgeman View Post
- no "fees" from your end - paypal just uses a lower exchange rate to incorporate money exchange fees
Correct as in no fees. Incorrect in that Paypal incorporate a lower exchange rate. PayPal keeps as little as 2.4% + $0.30 of the transaction FROM the seller's cut. PayPal actually charges exorbitant exchange rates to make extra profit.

Quote Originally Posted by JuzMel View Post
You seller would have gotten the money immediatly already though, so not to worry about cheating him. It's just how PayPal is, transactions deducted from your bank account take about 5-10 BUSINESS days.

Put it this way, PayPal sort of "pays" the seller for you first (immediatly actually) when you hit the PAY button on PayPal and then they deduct the money from your account later.
I'm fairly certain this is also incorrect. If you have a credit card attached to your account AS WELL as a bank account, only then will PayPal pay the seller instantly because they know they can always snatch from your credit card if your bank account doesn't come through.

Paying with a credit card is always instant though.