Category: Cross-Border Fees

Cross-border payments power global commerce, but they also carry hidden friction: foreign exchange (FX) spreads, correspondent banking fees, card scheme markups, and compliance overhead.  Choosing the best alternative payment methods to avoid cross-border costs can reduce your total cost of acceptance, speed up settlement, and improve authorization rates.  In this...

Paying or getting paid across countries doesn’t have to be expensive. Yet many people and businesses still lose money to cross-border fees: foreign transaction fees, card network assessments, dynamic currency conversion (DCC) markups, intermediary bank charges, and surprise FX spreads.  This guide explains what those cross-border fees are, why they...

Cross-border transaction fees – often called foreign transaction fees – are the extra charges levied by banks, credit card companies, and payment networks whenever you pay or send money across international borders.  In practice, almost every international purchase or money transfer involves multiple fees (interchange fees, service fees, currency conversion...

Accepting international credit and debit card payments exposes U.S. businesses to additional fees beyond domestic transactions. Breaking down international card processing costs means understanding interchange fees, network assessments, and processor markups that apply when cards are issued or settled overseas.  These costs typically include cross-border or foreign transaction surcharges by...

International transaction fees, sometimes called foreign or cross-border fees, are extra charges banks, card networks, or payment providers impose when a payment crosses borders or requires currency conversion. These fees usually include a percentage of the transaction (commonly 1%–3%) and sometimes a fixed per-transaction charge.  For example, many U.S. banks...

In today’s global economy, businesses of all sizes are increasingly selling across borders. Whenever a customer from one country buys from a merchant in another country, cross-border merchant fees typically come into play.  These fees are flat-rate percentages added on top of normal processing costs for international transactions. Payment networks...

In today's global economy, businesses are increasingly engaging in cross-border transactions to reach new markets and expand their customer base. However, with the benefits of international commerce come additional costs in the form of cross-border fees. These fees can add up quickly and eat into your profits if not properly...

Cross-border fees in card transactions refer to the additional charges imposed by financial institutions when a transaction involves a foreign currency or crosses international borders. These fees can vary depending on the type of card, the issuing bank, and the location of the transaction. Understanding when these fees are triggered...