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Question: How come 1$now is 9.5PED in webstore

chronos

chronos

Old Alpha
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Apr 15, 2006
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Stig Chronos Brannlund
I dont get it. Havent it always been like 1$ = 10 PED.
I mean if doing regular bank transfer (not visa/mastercard), there is no extra charge, or is it ?
Why would one buy this?
 
Maybe that is MA new cut? You depo $1 and get 9.5Ped in game versus credit card deposit which attracts $1 to 9.65Ped. Not sure how this is good?
 
If I use the webshop I have only paypal and visa as payment option. If I use bank transfer on the other deposit methods its still 1 usd = 10 ped (edit) - bank fees.
 
Last edited:
chronos said:
I dont get it. Havent it always been like 1$ = 10 PED.
I mean if doing regular bank transfer (not visa/mastercard), there is no extra charge, or is it ?
Why would one buy this?
Click to expand...

The Swedish Treasury has been crappy at doing their job, USD vs SEK is now up and dont seem to stop.

7 SEK / USD was something we swedes got used to, now almost 9 SEK / USD

Perhaps this explains why you dont get what youre used to? if not ima shut up and read the replys :)
 
Few Scars said:
Maybe that is MA new cut? You depo $1 and get 9.5Ped in game versus credit card deposit which attracts $1 to 9.65Ped. Not sure how this is good?
Click to expand...

<cut out crap I posted before>

Depends on the method, if it's a payment using paypal then they should inform us of any surcharge.
 
It may be Paypal cut is higher than bank cut by $0.15 making total fee $0.5 from $0.35 or 43% increase:)
 
das said:
it's 10 ped - bank fees ^^
Click to expand...

Except that if you look at your statement, after depositing $10 there is also a fee in addition to getting less than 100 PED. Double dipping...
 
It's not double dipping.

Visa/MasterCard etc. have their own exchange rate which never coincides with the actual market value (noted rate). ie: this is how they make some of their money and a safety net just incase the exchange rate changes on them. This way they don't get stuck paying the difference while the market value of your money changes.

Next MindArk gets charged a fee that they pass on to the depositor. ie: 1 usd = 9.65 ped

MA doesn't make any money on your depos, they just pass on the cost to you. :)
 
Nor Alien said:
It's not double dipping.

Visa/MasterCard etc. have their own exchange rate which never coincides with the actual market value (noted rate). ie: this is how they make some of their money and a safety net just incase the exchange rate changes on them. This way they don't get stuck paying the difference while the market value of your money changes.

Next MindArk gets charged a fee that they pass on to the depositor. ie: 1 usd = 9.65 ped

MA doesn't make any money on your depos, they just pass on the cost to you. :)
Click to expand...

Not saying MA is double dipping. They're just passing a transaction charge onto us. The banks are double dipping.
 
Ape Drape said:
Not saying MA is double dipping. They're just passing a transaction charge onto us. The banks are double dipping.
Click to expand...

I don't think anyone is surprised anymore by any chicanery or even blatant larceny by banks worldwide. Frankly I would be surprised if the the banks WEREN'T double dipping, as the only reason they are not considered criminals is that they've lobbied to have the laws changed to make their blatant theft legal.

Save the world, hang a banker

-KingNobody
 
KingNobody said:
I don't think anyone is surprised anymore by any chicanery or even blatant larceny by banks worldwide. Frankly I would be surprised if the the banks WEREN'T double dipping, as the only reason they are not considered criminals is that they've lobbied to have the laws changed to make their blatant theft legal.

Save the world, hang a banker

-KingNobody
Click to expand...
Although political, I have to agree. While we are at it, through a few insurance people under the bus as well! :yay:
 
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