ask here?

i remember reading somewhere that purchasing from xiaomi malaysia comes with additional cross border fee for using cimb cr?

well, the description in cimbclicks is MOLPAY*XMSB-XIAOMIMALA SELANGOR MY, no additional 0.8% cross border fee though.

yes, i know that now after transacted from official xiaomi site. no cross border fee applied.

i never had the intention to go thru paypal

earlier, i was stating NO cross border fee for CIMB CR with xiaomi malaysia, as it went thru local molpay gateway.

yep, i remember few years ago, xiaomi malaysia doesnt use molpay. i could be wrong

it's a known 1% for shopee using cimb cards.

no xborder fee for PBB cards.

shopee keeping 2 payment gateways to manage/swings the traffic to either one so that their huge volume doesnt route to single gateway.

also, is due to rate they are getting from payment processor.

earlier, i was getting cybersource --> ipay88 briefly --> cybersource again --> ipay88, after i noticed my saved cc (from cybersource) is erased.

no way to know upfront

xborder fee is post-processing by your issuing bank.


using this topic as a guide lor, can isolate/avoid issuing banks which impose xborder fee.

afaik there are 2 fees:

1) network forex fee, usually stated in the general card t&c for all foreign txn. usually bank will markup ~1% on top of converted value in MYR

2) eg recent announcement by HLB is more to DCC, which is another 1% fee

3) bigpay's changes is to impose DCC fee of 0.5%. this is why they said most cases will see total of 1.5% = 0.5% dcc + 1.0% forex fee

4) cimb twe doesnt charge forex fee (product feature, iinm), but it does charge DCC across the board.

xborder fee is the network forex fee

tag ronnie as he is the TS of this topic