Purchases with a Hyperbeat Pay card have a 1% FX rate.
Why was the conversion rate on my purchase more than 1% on my card?
While rare, there are some other factors that may affect purchase conversion rates:
1) Dynamic Currency Conversion (DCC)
Some terminals ask to charge you in your “home currency.” This almost always adds a markup.
What to do: Choose the local currency and let your card handle conversion.
2) Settlement vs. purchase timing
Transactions often settle 1–2 days later. The FX rate used is the processing day’s rate, which may have moved.
What to do: Small differences are normal; check the posted date.
3) Merchant surcharges/processing fees
Some merchants add extra fees (common online or in tourist areas).
What to do: Review the receipt/checkout screen for added fees.
4) Refunds & reversals
Refunds use the current FX rate, not the original. You may receive slightly more/less in your home currency.
What to do: This is standard across cards; check the refund posting.
5) Country-specific rails
Certain markets add intermediary or regulatory fees; capital controls can also impact pricing.
What to do: Expect variability in some regions.
6) Merchant error/mislabeling
Occasionally a terminal misapplies currency (double conversion).
What to do: Ask the merchant to void and re-run in the local currency.