The rate at which the Euro (EUR) exchanges for another currency, important for hosts and guests dealing with international transactions on platforms like Airbnb and VRBO.
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Glossary Term: International Payments
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A fee charged by payment processors or short-term rental platforms for transactions involving different currencies, often a percentage of the total booking amount.
Payments made for short-term rental bookings where the guest’s bank and the host’s bank are located in different countries, often involving currency exchange and international transaction fees.