Multi-Currency and International Payments
Selling across borders means deciding how to handle currencies, local payment methods and the costs of converting money. Getting it right makes you feel local to overseas customers.
This article covers the main choices when you take payments internationally.
Presentment vs Settlement Currency
The currency a customer sees at checkout (presentment) can differ from the currency you are paid in (settlement). Showing prices in the customer's own currency usually improves conversion.
Local Payment Methods Matter
- Cards dominate in some markets but not others.
- Wallets and bank transfers are preferred in many regions.
- Offering the right local method can be the difference between a sale and a bounce.
Mind the Conversion Costs
Currency conversion always carries a margin somewhere. We help you understand where it sits so you can price accordingly rather than being surprised by your payout amounts.
If you need a hand with any of this, your Progressive Robot delivery team is ready to help. Raise a ticket from the Support area of your client portal or speak to your account manager and we will guide you through the next steps.