Fx
2 articles tagged with “fx”
FXRefundsMargin
Why did a refund or chargeback cost me more than the original sale because of exchange rates?
A foreign exchange refund loss happens because the refund converts at a later, worse rate while the original conversion and processing fees are never returned.
Herzel Mishel·
FXPaymentsMargin
How does currency conversion affect what I actually keep?
Currency conversion fees take a markup on top of the mid-market rate plus a presentment-to-payout spread, costing a cross-border order a full margin point or more.
Herzel Mishel·
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