Comment by slau

I wonder if this is actually more related to some EU lawmakers probing a few big online platforms for the abusive conversion rates they impose. Amazon is guilty of this, all the budget airlines are guilty of this, and so is PayPal.

They “offer” to charge your card in its native currency to avoid exchange rate fees, but they do so with an abusive exchange rate. They also always go out of their way to show the inverse exchange rate that nobody uses, and is hard to evaluate.

I just checked on Amazon, and they now display the “usual” exchange rate (still with an insane rate). So it definitely looks like something is getting tightened in the industry.