In 2010, MasterCard charged a currency conversion and cross-border fee off 1% of the transaction amount.

FORBES: So How Does MasterCard Make All Of That Money?

Nick Viner of Boston Consulting Group expects transaction prices for domestic and cross-border payments to keep on falling by around 4% a year.

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The international transaction revenues include transaction fees and other special fees like cross-border fee and currency conversion fee.

FORBES: So How Does MasterCard Make All Of That Money?

For a detailed analysis of the business operations, please read our articles, MasterCard?s Business Overview (Part 1): Assessment And Transaction Fee Income and MasterCard Overview (Part 2): Cross-Border Fees, Other Revenues And Rebates.

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