My bank declined the credit card transaction on "suspected fraud", probably given the billing is in <country removed>.
Many thanks for the detailed response, I knew nothing about this 15% buffer fee at all.@Hallucinogenios and anybody else who might not already know this and it could be quite a few people because most payment methods for IOP's are WU and MG. It's the exception rather than the rule for an IOP to only accept VISA and MC for payment. In any case the bank who issues your credit or debit card will require a 15% buffer or cushion for purchases made from a company located in a country other than the one you live in if that country uses a different currency, however it is not a charge. It's just an authorization that will be credited back to your card in a few days depending on the bank.
Let's use a simple example. Assuming you purchased $100 worth of vitamins and supplements (including shipping) to help out with your diet and exercise program from a company outside the country you live in and that country uses a different currency. The bank will require a 15% buffer to account for currency fluctuations and the currency conversion once the transaction settles. That means for a $100 purchase your card has to have $115 in available funds ($100 x 15%) even though the actual charge is only $100 so if you don't have enough for the total plus 15% on your card the bank will decline the purchase. Also TTM lists their prices in USD so using the same example if it says $100 is the total when you check out the final charge might be a few dollars more when the transaction settles and the two different currencies are converted.
The bottom line is that you need enough in available funds to cover the order amount, shipping charges and 15% of what the previous two things I just listed add up to or the transaction will be declined and canceled. It's the same thing that car rental companies, hotels and some restaurants do.
@Hallucinogenios and anybody else who might not already know this and it could be quite a few people because most payment methods for IOP's are WU and MG. It's the exception rather than the rule for an IOP to only accept VISA and MC for payment. In any case the bank who issues your credit or debit card will require a 15% buffer or cushion for purchases made from a company located in a country other than the one you live in if that country uses a different currency, however it is not a charge. It's just an authorization that will be credited back to your card in a few days depending on the bank.
Let's use a simple example. Assuming you purchased $100 worth of vitamins and supplements (including shipping) to help out with your diet and exercise program from a company outside the country you live in and that country uses a different currency. The bank will require a 15% buffer to account for currency fluctuations and the currency conversion once the transaction settles. That means for a $100 purchase your card has to have $115 in available funds ($100 x 15%) even though the actual charge is only $100 so if you don't have enough for the total plus 15% on your card the bank will decline the purchase. Also TTM lists their prices in USD so using the same example if it says $100 is the total when you check out the final charge might be a few dollars more when the transaction settles and the two different currencies are converted.
The bottom line is that you need enough in available funds to cover the order amount, shipping charges and 15% of what the previous two things I just listed add up to or the transaction will be declined and canceled. It's the same thing that car rental companies, hotels and some restaurants do.
Useful information and exactly what these threads and the community is here for sharing information and helping others.First things first, where are you located? BTW let's not mention anything further about any particular IOP or where they are located. Also the 15% is not a fee. It's just a temporary authorization and it would not be listed on your line item statement. What would happen is your available balance would be less than your current balance until the pending authorization was lifted.
Also no matter how trustworthy an IOP may seem I would never use my regular credit or debit card to make a purchase. You want to get a pre-paid debit card and only load the order amount plus the 15% buffer (don't forget to include the shipping charges when calculating the 15%) that way nobody has your real credit or debit card info.
You also have to consider which pre-paid card to get. They all have some sort of load and monthly fees but some charge more than others. If you Google 'pre-paid debit cards' you will find sites that compare cards and tell you which ones are the best. Unfortunately the IOP in question does not accept AMEX and they have the best pre-paid cards available. The AMEX Serve card has the lowest fees of all the pre-paid cards available, however AMEX is not an option. Also there are one-time temporary pre-paid cards and permanent ones that get mailed to your house. You want to get the permanent version. These types of pre-paid cards can be found at virtually any drugstore, supermarket, places like Walmart, etc. I hope this helps.
Not GreenDot either.. What fucking option does that leave me with? None I've been googling for the past half hour on reload-able CC's that can be used internationally, even if I have to wait a week to get the personalized card with my information.As was mentioned ealier TT is not able to accept Green Dot cards now. I'm not sure why, someone said the GD co. has flagged them, but whatever the reason it's not an option atm so don't waste the money if you're looking for a PP card to use at TT.
Sorry if this has been asked and answered - locked through multiple pages and didn't find answer - has anyone had to use the insurance and it was successful? Would only consider buying it for a relatively big order . . .Same here, I'm 3 for 3. All over 10 days... But arrives everytime.