The gambling and cash equivalent fee is a 3% payment fee applicable to transactions involving gambling activities such as lottery, horse race betting, and sports/casino betting.
This fee also applies to purchases, sales and other transactions of cash equivalents such as foreign currency, non-fiat currency (like cryptocurrencies purchased on Binance or BitPanda), and traveler's cheques, whether made online or offline, for both incoming and outgoing payments.
This fee does not apply to in-app purchases of cryptocurrencies and foreign currencies using Vivid’s products.