Unauthorized Credit Card Charges - Out of Country

As some of you know, I am teaching Transactions in Emerging Markets as part of the University of San Diego Moscow Program. Of course, paying for things in Moscow is a fun matter! The currency exchange rate for Rubles right now is $1:33.334 RUB. With the less than stellar exchange rate, the company renting me a flat priced the rental in dollars. Since counterfeiting is also commonplace, with one paper claiming that 50% of dollars in Russia are not genuine, Bank of America kindly provided crisp newer issue money! The currency traders in Moscow have been less picky thankfully.

While I've paid for most things in cash, I used my Mastercard at a Кофе Хауз (Coffee House). I checked my online transactions to verify charges and found that I was charged once for our lunch, but again for a slightly larger amount later that day (perhaps someone else's lunch)! The second charge is not mine, an unauthorized charge for sure, but the vender clearly had my card number as we'd been at the shop earlier in the day. I've promptly reported the mistaken charge to the credit card company, but am interested to see how this plays out. As an aside, most banks are now charging 1-3% on transactions for card usage abroad (New Fees For Card Usage Abroad).

-JSM