Currency Options
Multi currency processing
Many merchants may wish to price products or services in multiple currencies to enhance competitiveness but do not have the resources or the desire to manage bank accounts in various currencies.
Multi-currency pricing allows access to rates on a daily basis and to effect the appropriate price in each currency.
- Cardholders will be able to choose the currency they wish to see the product priced in
- Authorisation will go through as normal but Realex Payments will apply that day’s rate to the foreign amount and settle the base amount back to the merchant’s account.
- There is a single base currency account. The amount of base currency received by the merchant will change on each occasion but cardholders will know exactly what is going to appear on their statements at the point of sale.
