Payments with Prepaid card

Please advise of there is a fee to pay with my prepaid card in internet-stores? I have read Help-> Pricing and Fees and didn't understand about thфею Thanks

Comments

  • LynnPayoneerLynnPayoneer Member, Administrator, Moderator Posts: 109 ✭✭✭✭✭✭

    Hey there!

    When making transactions with your Payoneer pre-paid MasterCard, one of two fees may be applied depending on the currencies involved and location of the merchant you're purchasing from.

    The currency conversion fee is applied when the currency of the transaction you're making and the currency of your card do not match. (example: you use your USD card to make a transaction in EUR)

    The cross border fee applies when the currency of your transaction and card match, but the country of the merchant your purchasing from is different from the country of your card issuing bank.

    Note: The amount of either fee is up to 3.5%. These fees are not cumulative. This means even if both fees are applicable for a transaction only one fee of up to 3.5% is charged.

    We have a really great blog post that explains this further, check out the section titled "What Conversion Rates does Payoneer Apply for Purchases with the Payoneer Prepaid Mastercard?":

    Everything You Need to Know About Conversion Rates

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