What is BYC TRY QPS EDISON NJ
It's common to see a charge on your credit card statement for "byc try qps." This is simply the way your credit card company abbreviates a foreign transaction fee. If you've made a purchase in a currency other than your card's billing currency, you'll likely be charged this fee. It's generally a percentage of the total transaction amount, and it's meant to offset the costs associated with processing foreign transactions. While it may seem like an unnecessary expense, the foreign transaction fee can actually save you money by preventing currency conversion fees. So if you're planning to travel abroad or make an online purchase from a company based in another country, be sure to check if your credit card charges a foreign transaction fee first.
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