Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard
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 Apr 23 2016, 09:53 PM
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#1
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker 
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i just bought something at ebay
last time i tired, paying using paypal and direct using credit card seems to be at the same rate, which is paypal's rate (much higher) how can i use the real current rate? can someone guide me? thanks in advance |
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Apr 25 2016, 10:36 AM
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#2
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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QUOTE(DarReNz @ Apr 24 2016, 01:20 AM) you will kena cross border fees if you use the cards listed on the first page to pay with paypal do you mean that if i pay using one of the listed cards below: QUOTE Banks which doesn't charge thumbup.gif - OCBC - Maybank - Ambank - UOB - Alliance - Citibank (@ Aliexpress) - HLB - AEON - Public Bank i can save some $? paypay usd rate is around 0.25 to RM1 the few other times i paid using paypaly that is linked to my HLB card the other day tried paying direct using ambank credit card, same rate both are on ebay items  |
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Apr 26 2016, 02:42 PM
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#3
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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QUOTE(DarReNz @ Apr 26 2016, 09:19 AM) cross border fees are extra fees which is 0.8% that you have fork out and yeah for the banks that don't charge means they are the ones actually absorbing the cost .... so far I have known Aeon gives the best exchange rate .... take a look at this thread to compare https://forum.lowyat.net/topic/1845691 any difference if i pay an ebay item using paypal (that is linked to my CC) or directly checkout using CC?so far i tried both methods, i paid the same rate on both occasions am i doing this right? could i have saved more using a method that you guys know and i dont? biggrin.gif thanks in advance for your reply |
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Apr 27 2016, 11:48 AM
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#4
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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QUOTE(DarReNz @ Apr 26 2016, 03:01 PM) if you have used the same CC to pay for both paypal and direct is the same rate so most likely it doesn't have the cross border fees, so you don't have to worry thanks for clarifying  but if you use amex to pay as compared to visa/mastercard, you would see a difference   i thought paypal implements its own rates? or it is actually CC rates |
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Apr 27 2016, 04:56 PM
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#5
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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QUOTE(DarReNz @ Apr 27 2016, 12:36 PM) i just know paypal charges another 2% to the merchant which they've already factor into the pricing i'm going to pay for a purchase it's actually visa/mastercard/amex rates so can i confirm the rate is 0.25usd to 1myr right |
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Apr 29 2016, 11:52 AM
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#6
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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QUOTE(DarReNz @ Apr 27 2016, 08:02 PM) which bank card are you using ? and is it visa/mastercard/amex ? visa... i didnt even realize this. so mastercard and amex got different rates too?  |
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May 26 2017, 05:34 PM
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#7
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Senior Member
4,332 posts Joined: Nov 2004 From: Shadow Striker
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sold something to a buyer in spore, what is the best way for the buyer to pay me that allow the minimum of funds lost due to fees?
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