With the development of globalization and increasing international exchanges, global consumption and cross-border payments have become more and more common recently. In this context, one of the focuses for people is how to shop globally and get the best exchange rate easily.
To address this, iSunOne's Global Visa Card provides a secure and convenient solution. As a large multinational company, Visa's card network offers rates superior to almost all local banks, which are approximately equivalent to the official dynamic rates that can be found through Google on that day. Using the iSunOne Global Visa Card, you don't need to open a bank account and can recharge USDC/USDT an unlimited number of times, with a maximum single recharge of up to $25,000.
Your iSunOne Global Visa Card is a US dollar-denominated card that can be used to spend local currencies, including but not limited to: RMB, HKD, EUR, GBP, JPY, KRW, TWD, AUD, CAD, SGD, CHF, INR, MXN, BRL, etc. It will settle on the "prepaid card" page of your iSunOne Global Visa Card website or app at the best exchange rate at the time of consumption, in equivalent US dollars.
Your recharge and consumption are almost not limited by any geographical or time constraints, and you can enjoy the convenience of digital dollars USDT and USDC directly through the consumption terminal. We believe that digital currency payments will become a trend in the future, and iSunOne will always strive to provide users with the best digital currency payment services.
Here are the rates and analysis of other mainstream exchange methods:
PayPal: PayPal's exchange rate is generally higher than the official exchange rate, and a 2.5% exchange rate conversion fee is required.
Banks: The exchange rate provided by the bank is usually slightly higher than the official exchange rate. The exchange rate provided by the bank also varies according to the user's level. In Hong Kong, the exchange rate that general bank users can get may be similar to that provided by money changers. At the same time, due to foreign exchange control policies in some countries and regions, there are also many restrictions on foreign exchange transactions other than the exchange rate. Therefore, the cost of using banks for currency exchange is generally higher.
Local money changers: Money changers usually add a certain spread or service fee based on the official exchange rate. This fee will fluctuate based on multiple factors such as the rental cost of the money changer's location, transaction volume, labor cost, and daily exchange rate fluctuations. The typical fee for money changers varies from 0.8% to 2%.
It should be noted that when you purchase goods from international online merchants (i.e., online service providers and e-commerce companies outside the United States), you may find an additional fee called "ISA Fee" in the transaction record, which is typically 1% of the transaction amount. For more information on ISA Fees, please refer to: What is an ISA Fee?