Then you have the fact you cannot use ebay's turbo lister even in the uk to "list" an item without paypal. you have to manually remove it from each auction after,

They are not integrating google checkout,

and what really pisses me off is that every time i go to pay via paypal they change my default funding source (very sneakily i might add) to my bank account, so that they don't have to worry about my credit card chargeback (which they also have a t&c against!!!!!), and charging my bank directly, not even through my debit card costs less!!!!

i have never hated a company so much, and known of a company so blind so that they can't see they are railroading themselves for a mighty fall.

My take on this move by Ebay is to increase their profit margins in two ways;
1) no processing fees for buyers/sellers using credit cards or other forms of payment
2) Paypal percentage of sales goes up

Cheers,
John

Natwest charge 20% commission when changing Euros to UK pounds in UK. They don't call it commission though, they call it "lovely money".

I went into Natwest to change some Euros and they would only pay me just over 60p to the Euro, where the exchange rate is approx 80p to the Euro. I am a Natwest customer and I was doing another transaction with my account at the time.

Paypal is a bargain compared to Natwest.

Gordon Brown and the EU should be looking at bank charges for changing money. Natwest shouldn't be able to get away with charging 20% more than the exchange rate.

Paypal is a registered bank located in europe. But dealing with them is extremely difficult anyway.

Exactly right, PayPal currency exchange is usually 5%-10% off, thought i was getting something really cheap when the currency was hitting 96 US cents per dollar, but PayPal said it was 90.4...

Paypal is not a bank.
Dealing with Paypal is like dealing with the crackhead next door. If it goes well, fine, but if there's a problem, you're up the creek without a paddle.

The ripoff exchange rate is not limited to Oz...

At the time of writing, PayPal exchange rate is
1 GBP = 1.94358 USD

While according to XE.com: -
Live rates at 2008.06.30 08:59:36 UTC 
1 GBP = 1.99520 USD