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

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idoblu
post Nov 8 2014, 10:50 PM

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QUOTE(ronnie @ Sep 22 2012, 11:20 PM)
Visa and MasterCard now charge a cross border transaction fee even when no currency conversion occurs. This relatively new fee - “cross border transaction fee” (MC) or “International Service Assessment (ISA) fee” (Visa) – was initiated by Visa and MC to ‘fight’ usage of the international credit card processing network when no currency conversion occurs.

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arrgghh...i did read this but forgotten about it. now i just charge my iphone/ipad purchases using CIMB card. darn! i should have use my MBB vmad.gif

This post has been edited by idoblu: Nov 8 2014, 10:51 PM

 

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