Our new Indie Games subforum is now open for business in G&T. Go and check it out, you might land a code for a free game. If you're developing an indie game and want to post about it, follow these directions. If you don't, he'll break your legs! Hahaha! Seriously though.
Our rules have been updated and given their own forum. Go and look at them! They are nice, and there may be new ones that you didn't know about! Hooray for rules! Hooray for The System! Hooray for Conforming!
Finance charges and PayPal
Scosglen
Registered User regular
Registered User regular
About a week ago I purchased a software CD-Key from a small online merchant in Quebec for $17. I paid for it with my credit card via PayPal.
Today I look at my credit card statement and there is a $20.00 finance charge on the same date as the PayPal transaction for something called "cash Equivalent Fee", which googling suggests I something like a Cash Advance I guess.
I guess it's my fault for not fully understanding the nuances of PayPal, but I certainly didn't think business transactions acted as cash advances. Is that normal or did something weird happen with my purchase?
$20 isn't the end of the world but it seems kind of ridiculous that the fee is bigger than the actual amount of the purchase.
-Can anyone explain what exactly happened here, for my peace of mind?
-Is this a "live and learn" type situation, or is there anything I can do to contest with my bank or PP that this was a cash advance?
Today I look at my credit card statement and there is a $20.00 finance charge on the same date as the PayPal transaction for something called "cash Equivalent Fee", which googling suggests I something like a Cash Advance I guess.
I guess it's my fault for not fully understanding the nuances of PayPal, but I certainly didn't think business transactions acted as cash advances. Is that normal or did something weird happen with my purchase?
$20 isn't the end of the world but it seems kind of ridiculous that the fee is bigger than the actual amount of the purchase.
-Can anyone explain what exactly happened here, for my peace of mind?
-Is this a "live and learn" type situation, or is there anything I can do to contest with my bank or PP that this was a cash advance?
Scosglen on
Posts
http://amzn.com/w/3I989XAK63WPV
It shouldn't be activating on a purchase, though it may have something to do with it being a inter-country purchase.