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Japan's currency, and a useful reminder that a dollar balance is not free to spend everywhere. Anything priced in yen has to be converted before it can be paid.
A foreign currency, in the only sense a card cares about: not the one your account is held in.
In Kite: Your balance sits in US dollars, so spending yen is a conversion, charged at a flat 1.8%.
Whose rules apply to your account. Usually decided by where you legally reside rather than where you happen to be standing, and it governs what a service may offer you, what checks you face, and what protection you have when something goes wrong.
The same word doing the same work. It is why one bank offers different products under the same brand in different countries.
In Kite: The Kite card is available to residents of Malaysia, the Philippines, Singapore, Thailand, Vietnam, Japan, South Korea, Taiwan and Australia.
Sourcing the money for a payment at the moment it is needed instead of parking it in advance. It frees the capital that would otherwise sit idle in every market you pay into.
The alternative to pre-funding an account in each country, which is how cross-border payments have been financed for decades.
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