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Old 07-12-2008, 04:56 PM  
Iron Fist
Too lazy to set a custom title
 
Join Date: Dec 2006
Posts: 23,400
Quote:
Originally Posted by Socks View Post
I'm still very concerned about their multi-currency, because the customer invariably gets charged more in their currency than the US membership is worth (driving sales away if the customer is smart enough to check rates). Add to that, you don't receive a penny of the extra money.

I recently noticed a $9.99 USD membership selling for $10.57 CDN, and the CDN dollar at that time was worth more than the USD.

So CCBill charges customer $10.57 in a currency worth MORE than USD, and then pays you $9.99 (minus CCBill fee).

Whose getting the extra $0.60?

Nobody has been able to answer this question for me.
Exactly.... i'm affiliate for hundreds of programs, most in CCBILL - I tried changing it to Canadian funds and look here - it's actually more than if I charged it as USD on my credit card - the 60 cents must be going to ccbill for the exchange, but it's kinda shady and if your not looking it's way too easy to overlook it.

Good comment though, glad to see someone else saw this as well.
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