Key Benefits for ecommerce companies
- Unlock new customer segments: a multi-currency offering is essential in order to attract global customers and provide a seamless buying experience through to the checkout
- More competitive prices for global clients: selling in foreign currencies allows your global customers to access better prices by avoiding your PSP’s FX fees or their card issuer’s FX fees
- Increase your margins: like-for-like settlement allows you to internalise FX conversions and make extra margin when pricing in foreign currencies
- Manage your FX risk: protect your margins by applying automated FX risk management strategies
- Avoid unnecessary conversion fees when paying suppliers: use foreign currency revenue to pay your suppliers by collecting in multiple currencies
- Eliminate online marketplace settlement fees: use like-for-like settlement to avoid FX fees applied by marketplaces when settling into your bank account.