Say I’m in Canada and I buy something for 1000 CAD. Then, a pending transaction for 1000 CAD = whatever amount of € appears in the app. When the transaction actually takes place a few days later, the CAD/€ rate has changed. Which rate is used in the end?
What I want to avoid is buying something on Thursday (say) and then having the actual transaction done during the weekend with the 0.5% mark up on the rate. Or the other way around, I’d like to know if, when buying something during the weekend, I can count on the fact that the transaction will take place in the next week with the normal rate.
Actually, do transaction ever take place during the weekend?