zlacker

>>colone+(OP)
A company makes a smart decision to pause sales in order to ensure they're not selling their products at a loss due to the drop on the value of rubies....

One shouldn't expect otherwise.

>>mikhai+Y1
Apple could purchase FX swaps and charge customers a "FX fluctuation surcharge". That's better than shutting down the store...

>>acchow+64
Or they could charge customers in Euro and let the customers' banks handle the F/X rate.

>>joezyd+c4
I would expect that to have legal implications, commerce in foreign currency is usually regulated in different ways.

>>toyg+K4
Depends on the country - when I buy stuff in Dubai with a credit card, the clerk will frequently ask me if I wish to pay the bill in AED or USD.

>>ghshep+wa
I thought the option to pay in your credit card's native currency abroad was basically just a scam where the shop makes up a ridiculous exchange rate on the spot to overcharge you.

>>0x0+cb
It's a complete scam. It's called "Direct Currency Conversion" and it's a essentially the payment processor and merchant hoping the consumer doesn't know what's going on.

Amex disallows on their network but Visa and Mastercard do not. Unfortunately, Amex also has forex fees on most of their cards.

>>saryan+zb
It may be a scam for most cards, but I work for a company that does multi-currency cards that settle in the currency of your choice and our exchange rates are better than anything offered by anyone else in the card space. Just a bit more than interbank ForEX rates.