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Yeah, seems to be industry standard to throw nearly one percent on top of any conversion.
by robryan 13y ago
Yeah, seems to be industry standard to throw nearly one percent on top of any conversion.
- davidjohnstone 13y agoIf I'm reading https://pin.net.au/pricing https://pin.net.au/pricing correctly, they're charging four percent extra for conversion, which sounds like it means they end up costing 7% + 30c for payments in USD.
- robryan 13y agoNot sure why they need to do that, AUD/USD forex is something like .1 of a percent given a high enough amount if I recall correctly. I am probably missing something.
- lukevdp 13y agoI've looked at a lot of options for accepting USD from Australia and 4% is pretty standard for retail exchange rate. I ended up going with a US entity + bank account, which is the best option of a bunch of crappy options. Pin looks good for small volumes