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Yahoo Answers! Credit Cards This is a RSS feed for Topics from Yahoo Answers! That pertain to the discussion of credit cards, bad credit cards and credit limits. Feel free to discuss this in the credit card discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-14-2007, 02:53 PM   #1 (permalink)
chintu_victor
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how much extra a credit card holder whose currency is INDIAN RUPEES be charged for

purchasing in US dollars? i am designing an online selling site. My intended customers are inidans. I have learnt that when a credit card is used for purchasing in currency that is not similar to the currency of the card, then the buyer will be charged more by the credit card companies. So if my indian customer whose currency of the credit card is INDIAN RUPEES buys an item on my site whose price is set in PAYPAL in USD, then my customer will have to pay a little bit more than the actual amount of the item. So how much extra charge will be on for a purchase in USD for a credit card in INDIAN RUPEES.
 
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Old 10-14-2007, 02:56 PM   #2 (permalink)
Kitten P
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My credit cards vary, but often charge 1-3% for foreign currency transactions, in addition to the exchange rate.
 
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