So, from August 11, when paying with Mastercard in euros or dollars in other currencies, expenses will be taken into account at the exchange rate on the day of the transaction.
Currently, the conversion takes place at the exchange rate on the clearing date (interbank settlement), that is, the exchange rate is valid on the date a few days after the payment. Because of this, the client may face a write-off of a more significant amount than he expected.
As the company noted, changes are being introduced to improve consumer experience and ensure transparency of the exchange rate.
Earlier it was reported that PayPal will stop making transfers within Russia from July 31.