Why paying for things abroad in home currency is a bad idea

International customers are increasingly exposed to dynamic currency conversion (DCC), that is, the option during checkout to proceed with a transaction in the home currency instead of a foreign currency.

Exorbitant fees

However, one study, cited by CNN, shows the average fee applied to this kind of conversion is a whopping 7.6%, more than double the cost of paying in the local currency (usually between 1.5% and 3%).

Florida Professor Resurfaces After Spending 100 Days Living Underwater

Professor Joseph Dituri from the University of South Florida broke a previous Guinness World Record when he surfaced after living underwater for 100 days.

A retired U.S. Navy Diving Officer and aquanaut, the 55-year-old Dituri embarked on the project in an effort to learn about the effects of hyperbaric pressure on the human body.

He hypothesises that increased pressure has the potential to help humans live longer and prevent diseases associated with ageing.

Tornado Marine Fleet's MV Hurricane
File photo of the stricken vessel: Tornado Marine Fleet's MV Hurricane

Three Britons confirmed dead after fire on Egypt diving boat

The boat's operator, Tornado Marine Fleet, said 15 British passengers had been on board along with 12 crew members and two guides. Twenty-six other people, including 12 Britons, were rescued from the boat, called Hurricane, which was off the coast of Marsa Alam, authorities said.