How is the Virtual Debit Card payment calculation done?

invalid@example.com (Uchiki), Uchiki
Sat, 05 Nov 2022 12:49:32 +0000
Debit card

Here is how the debit card calculation works:
Initial trigger is local currency amount.

Calculate the conversion of this to USD (there is a potential variance from the FX mid-rate here).

Add 1.95% card transaction fee.

Use your preference currency list to sell sufficient of the relevant pair(s) to raise the required USD amount. This is a sale at the Kinesis Exchange, so you need to look at the best bid price and also allow for the 0.22% fee.

Pay the local currency to...