Originally Posted by
Phantom707
The document makes it explicit that MasterCard charges the bank a 0.9 % fee for transactions that occur outside the US.
I am very curious how then the transactions occurring outside US but billed in USD are handled. It is customary for cards that charge FTF to treat such transactions as foreign and levy their surcharge. However, I am not aware of a single case where some hidden surcharge would have been added to FTF free cards. So what happens to that 0.9% or 1% hidden surcharge then, bank eats it selectively only for USD transactions?