FirstChoicePay 10% Currency Exchange Fee In Canada?

**ladida** · 01-09-2018, 05:43 AM

Give exact calculation. Thing is that you have interexchange fees that mastercard takes that they don't write in their TOS (actually they do, it's just convoluted). so you have their fee + percentage + mastercard exchange fee. You can speak to their live chat and they will explain.

What you do is this.
Go on https://www.mastercard.us/en-us/cons...-currency.html. Type in the currency you have and what you are converting it to on exact date the settlement is shown in firstchoicepay. Then take out i think it's 3.5% of that for mastercard exchange fee. Then apply firstchoice fees.

**JFK** · 01-09-2018, 09:25 AM

Originally posted by ladida

Give exact calculation. Thing is that you have interexchange fees that mastercard takes that they don't write in their TOS (actually they do, it's just convoluted). so you have their fee + percentage + mastercard exchange fee. You can speak to their live chat and they will explain.

What you do is this.
Go on https://www.mastercard.us/en-us/cons...-currency.html. Type in the currency you have and what you are converting it to on exact date the settlement is shown in firstchoicepay. Then take out i think it's 3.5% of that for mastercard exchange fee. Then apply firstchoice fees.

yes.......... give actual #'s please

**Klen** · 01-09-2018, 09:57 AM

It's been a several years since i used payoneer , but i do remember their exchange fees was high as fuck, i remember there was some "crossborder fee" of 3% which was applied unless you lived in belize lol. In shortly, better to use bank withdraw method then card withdraw where you can affect homwuch do you pay for currency exchange.

**incredibleworkethic** · 01-09-2018, 10:48 AM

They don't support CAD withdrawal to bank anymore lol. Wtf?

**Klen** · 01-09-2018, 11:14 AM

Originally posted by incredibleworkethic

They don't support CAD withdrawal to bank anymore lol. Wtf?

I guess it's not making enough money for them ?

**nikki99** · 01-09-2018, 02:24 PM

I voted for you....

**ladida** · 01-09-2018, 03:21 PM

So did you get to calculate it correctly?

FirstChoicePay 10% Currency Exchange Fee In Canada?

Business FirstChoicePay 10% Currency Exchange Fee In Canada?

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