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-   -   Will someone explain epass exchange currency to me? (https://gfy.com/showthread.php?t=911642)

MetaMan 06-20-2009 05:01 AM

Will someone explain epass exchange currency to me?
 
look i love epass but explain this:

-24.86 CAN $-22.59 USD
not even 10 min later
-57.30 CAD $-62.50 USD
-65.49 CAD $-71.42 USD


soooooooooooo how does this work?

Michael O 06-20-2009 05:32 AM

If you use the card at a bar or restaurant then while the transaction is Pending 20% is added to make room for a tip.
When the transaction settles the right amount should show.

From: https://www.epassporte.com/secure/js...URVISAELECTRON
paid for a meal at a restaurant with my Visa Card. The authorization on my Account for my meal purchase is different than the amount I spent. Why is this?

When you purchase a meal at a restaurant with your ePassporte Visa Card, your transaction is authorized for the amount of the meal plus an extra amount (to allow for a potential gratuity). These authorizations are removed from your Account when the Merchant settles the actual amount spent at the restaurant, usually in 7 to 10 days.

papill0n 06-20-2009 05:44 AM

*picture of me reading Micheal's post with a look of complete bewilderment*

bbobby86 06-20-2009 05:53 AM

pending tip...

papill0n 06-20-2009 05:56 AM

so what happens to the 20% taken from an account for 7-10 days?

Michael O 06-20-2009 06:01 AM

Quote:

Originally Posted by papill0n (Post 15980862)
so what happens to the 20% taken from an account for 7-10 days?

The transaction is Pending until the Merchant settles the transaction which is usually 1-3 business days. The money is still in your account but is "reserved" for that specific merchant. When the money is sent to the Merchant the actual amount is charged to your account.

MetaMan 06-20-2009 06:04 AM

Michael you are fucking amazing, onetime i made fun of you and now i feel bad lol but i have heard non stop great things about you i and everyone here appreciates you.

again i made sure to include in my post i love epass i am no hater!

Michael O 06-20-2009 06:13 AM

Thanks just doing my job always happy to help :)
If you have questions or issues with your account you are always welcome to email/ICQ me.


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