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A service fee of 2.50% comprised of Mastercard Assessment Fee and EastWest’s Service Fee is applied to the following transactions, whether made in/outside the Philippines or online:
a) Transactions that are charged in foreign-denominated currency then converted and billed in Philippine Peso using the prevailing Mastercard currency conversion rate on the day the transaction is processed; and
b) Transactions that are automatically converted then charged in Philippine Peso by a foreign acquirer at point-of-sale.