Does payment to RateX count as an online transaction? RateX Support October 24, 2017 09:29 Updated Follow Yes, payments to RateX are processed as online merchant transactions. Related articles Do I get my credit card rewards / cashback if I pay through RateX? Are we paying so that you can help us buy later? What currencies do you accept as payment? Can I use my gift card to get favorable rates instead of cash? What information do you collect?