Module 03 / Hidden FX Currency Spread Inspector
The 3–4.5% currency markup that never appears on your receipt
Gateways quote you a rate that looks close to Google's — until you do the math. This inspector shows every provider's effective conversion rate against the true mid-market price, and the exact amount they keep on your transaction.
Hidden FX Currency Spread Inspector
Syncing rates…Mid-market rate
1 USD = 1.0000
€10,000.00 at the true rate
Best gateway rate
1 USD = 0.9957
Wise · 0.43% above mid-market
Worst gateway rate
1 USD = 0.9610
PayPal · 3.90% markup
Hidden cost gap
-€347.00
saving by choosing Wise over PayPal
Effective conversion rate per gateway
1 USD in EURWise Best
0.9957Payoneer
0.9950Stripe
0.9900Wire Transfer
0.9850PayPal Worst
0.9610Mid-market: 1 USD = 1.0000shaded bars = % of mid-market you actually get
| Gateway | Hidden markup | Rate offered | Value at mid-market | Hidden loss | You receive |
|---|---|---|---|---|---|
| Wise | +0.43% | 0.9957 | €10,000.00 | −€43.00 | €9,957.00 |
| Payoneer | +0.50% | 0.9950 | €10,000.00 | −€50.00 | €9,950.00 |
| Stripe | +1.00% | 0.9900 | €10,000.00 | −€100.00 | €9,900.00 |
| Wire Transfer | +1.50% | 0.9850 | €10,000.00 | −€150.00 | €9,850.00 |
| PayPal | +3.90% | 0.9610 | €10,000.00 | −€390.00 | €9,610.00 |
Converting $10,000.00 hides up to €390.00 in EUR — the "3–4.5% conversion fee" PayPal and others quote is never itemised on your receipt. Mid-market is what Google shows; gateways quietly take the spread on top.