I want to know what are the fees involved when we pay online using Visa/MasterCard to a service which accepts payment in some other currency. I have very little knowledge related to this.
I am from india and my Visa card is with my bank which transacts in INR. I want to buy something from a website which accepts Visa/MasterCard payments in USD/EURO. So my questions are :
- Is it even possible to pay there using my INR ViSA card?
- If yes, how would the conversion happen from INR to USD/EURO?
- What are the fees involved?
- If not, what are the other ways i can use to buy from that website?
I have tried searching on the net for hours but couldn't find anything related to this.