Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed

Outline · [ Standard ] · Linear+

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

views
     
muscaa
post May 17 2017, 08:40 PM

Regular
******
Senior Member
1,232 posts

Joined: Sep 2005
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.

Source: http://www.creditcardprocessing-r-us.com/C...ansaction-fees/

Reported Cases


8. Uber/Grab
- CIMB


*
Please correct this - CIMB does not charge crossborder fee for Grab now
muscaa
post May 18 2017, 09:10 AM

Regular
******
Senior Member
1,232 posts

Joined: Sep 2005
QUOTE(ronnie @ May 18 2017, 07:39 AM)
Updated... how about UBER ?
*
Uber - have not tried it with CIMB cards

This post has been edited by muscaa: May 18 2017, 09:11 AM
« Next Oldest · Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards · Next Newest »
 

Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0195sec    0.62    7 queries    GZIP Disabled
Time is now: 4th December 2025 - 06:54 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.