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How do exchange rates work when making payments?

Updated over 2 weeks ago

What exchange rate do I get in DolarApp?

You can always see the live rates in the app before you buy digital dollars or make a payment.

Two simple rates:

  • Buy rate → When you add money to your account.

  • Sell rate → When you pay with your card or send money in local currencies.

When you pay with your DolarCard or send money, your digital dollars are converted to the local currency using the current sell rate in the app.

You will always see this rate before confirming your payment.


Example:

You go to the store and want to pay 500 MXN with your DolarCard.

  • Exchange rate: In the app, the sell exchange rate is 20 MXN per digital dollar.

  • Calculation: To pay 500 MXN, we will use 25 digital dollars from your balance (25 x 20 = 500).


Why it works for you:

  • Always upfront → The sell rate is shown before you pay.

  • Use dollars anywhere → Spend or transfer in any currency, straight from your DolarApp balance.


Need help?

Chat with us in the app (24/7) or email help@dolarapp.com


Enjoy transparency and the best rates anywhere in the world with DolarApp! 🚀

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