Exchange rates for international payments

Currency conversion for international payments will take place on two channels - one for your customer and one for your business.

For Customers

  • If you conduct a transaction in US Dollars, the customer's bank determines the exchange rate and they deduct the equivalent amount of whatever currency their bank account is configured with. If your customer is in the US then no currency conversion will be applied. 
  • If you conduct a transaction in Pakistani Rupees, the customer's bank determines the exchange rate and they deduct the equivalent amount of whatever currency their bank account is configured with. If you customer is in Pakistan then no currency conversion will be applied.

For Merchants

  • If you conduct a transaction in US Dollars, Safepay will convert that amount to Pakistani Rupees at mid-market exchange rates offered to Safepay at that time. The converted amount will be deposited as PKR into your Safepay Business Account, minus our transaction charges.
  • If you conduct a transaction in Pakistani Rupees, there will be no exchange rate applied. The original amount, minus our transaction charges will be deposited into your Safepay Business Account as PKR.
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