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Credit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard

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edwardccg
post May 6 2016, 10:10 PM

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the transaction description usually will have country code at the back,
for eg: PAYPAL * LAZADA ..... SG

please help to check if my understanding correctly?
CountryCodeCurrency chargedCross border fee?Remark
MYMYRNo
MYother currencyNoI think this case is quite rare, right?
other than MYMYRYesfor eg: Lazada via paypal
other than MYother currencyNofor eg: paypal payment in other currency

This post has been edited by edwardccg: May 6 2016, 10:18 PM
edwardccg
post May 7 2016, 12:49 AM

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QUOTE(DarReNz @ May 6 2016, 11:03 PM)
actually u won't be able to tell cause you can be charged in the local currency MYR and yet have cross border fees cos the payment gateway/server is hosted outside of msia
*
not related to the country code posted in description?
So there might be cross border if posted in MY country code as well?
edwardccg
post May 26 2016, 06:31 PM

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first time use SCB card and just notice that it charge cross border haiz...

 

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