Here's a preview of Netflix's rand pricing and why South African still pay an extra card fee.
Following the switch to rand, many Netflix users may have assumed they were paying “Netflix South Africa” for their service. However, this is not the case.A MyBroadband reader was checking his credit card account this week when he noticed an international payment fee of R4.65.The charge was linked to his Netflix Premium subscription fee – as the credit card was his payment method – of R169.
The Netflix subscription was also listed as “Netflix.com Amste” [sic], alluding to the rand payment being paid to Netflix Amsterdam. If the Netflix subscription fee was in rand for a South African service, why did he have to pay an international card fee, asked the reader.“Netflix does charge South African customers in rand, but they process these transactions cross border,” said Netflix.READ:
Standard Bank previously told MyBroadband that an international transaction fee is charged in cases where the merchant is located in geographies outside of South Africa.
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