I'm trying to understand the prepaid exchange rate offered by Mastercard. Could someone explain what this rate entails and how it works when using a Mastercard prepaid card for international transactions?
7
answers
WhisperInfinity
Sat Jan 25 2025
The exchange rate applicable to funding or transferring funds on the card is determined by Mastercard Prepaid Management Services.
SilenceStorm
Sat Jan 25 2025
The mid-market exchange rate, often visible on platforms like Google, represents the midpoint between the buy and sell prices of currencies.
CharmedWhisper
Sat Jan 25 2025
In contrast, the rate set by Mastercard Prepaid Management Services might be higher due to various factors, including fees and market conditions.
AltcoinAdventurer
Sat Jan 25 2025
This specified rate comes into effect whenever you load money onto the card or convert funds between different currencies.
EthereumEmpress
Sat Jan 25 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to diverse needs. These include spot trading, futures trading, and a secure wallet.