Sell in Multiple Currencies . . . Get paid in your own!
Increase global sales with Planet Payment’s Multi-Currency Pricing (MCP) solution. Available in all major currencies, MCP lets you set personalized pricing for your international customers when they pay with their MasterCard®,Visa® or JCB® cards. MCP lets merchants targeting international markets price in multiple foreign currencies - while still receiving payments in their own. MCP is a valuable, easy-to-implement solution for merchants looking to attract new, foreign customers.
Increase Global Sales
With eCommerce and mail-order/telephone-order (MO/TO) businesses, shoppers today can come from all over the world. Expand your customer base and increase foreign sales by setting prices beyond your local currency. Our Multi-Currency Pricing solution turns international browsers into customers – Cardholders in Japan enjoy the clarity of shopping and paying in Yen, shoppers in the UK enjoy the certainty of paying in British pounds, while you still receive your payment and reporting in your home currency. Set prices in currencies your international shoppers can understand and experience all the benefits for both you and your customers.
Maximize Your Global Potential with Minimal Effort
Planet Payment’s Multi-Currency Pricing solution does not involve associated foreign accounts or wire transfer fees. Setup of an international entity or overseas banking accounts aren’t required. Supported by our network of leading acquiring banks and payment gateways, MCP is easily provided through the convenience of your local merchant account and settlement and reporting in your home currency.
Offer this superior pricing solution and start attracting new international customers, enhancing their satisfaction and increasing your global sales today! Get Started Now.
Benefits to Customers:
- The comfort and convenience of paying in the currency they understand best – their own, creates a more familiar shopping experience for international customers
- Confident, informed buying decisions
- Higher appreciation of purchase value
- No surprises! The amount your customer pays in their home currency matches their credit card statement amount
Benefits to Merchants:
- Increased global sales from the convenience of a local acquiring solution
- Higher conversion of international browsers to customers
- Reduced customer service inquiries/chargebacks
- Enhanced customer loyalty with greater incentive to choose you for their next purchase
With Planet Payment’s Multi-Currency Pricing solution, you maintain complete control in setting your foreign currency pricing. Our MCP solution is specifically designed to meet the diverse needs of all of our merchants. With Fixed and Variable Multi-Currency Pricing, you have the option of either fixing foreign prices that your customers will pay or fixing the local settlement amount that you will receive.
- Is it more important to show your foreign customers a constant price, while you receive a different settlement amount in your local currency based upon daily exchange rate fluctuations? If so, Fixed Multi-Currency Pricing is the solution for you.
Fixed Multi-Currency Pricing
- You set your prices in a foreign currency and the settlement amount that you receive in your home currency fluctuates with the daily exchange rate
- You have the ability to update prices as needed
- While the settlement amount you receive daily for a product changes, the price of a product does not change daily for the shopper.
- Would you prefer to receive a constant settlement amount in your home currency for a given item and allow the foreign price to vary along with the exchange rate? Our Variable Multi-Currency Pricing option better suits your business needs.
Variable Multi-Currency Pricing
- You update your price on a daily basis to reflect fluctuations in exchange rates
- Prices are updated daily using Planet Payment’s Daily Rate File, which lists the current exchange rates for the day
- The settlement amount received daily for a product remains constant, but the price of a product changes daily for the shopper
Whether you set a fixed price or opt for our variable solution, Multi-Currency Pricing will help you increase foreign sales, making shopping easier for your valued international customers. Start maximizing your global potential today.
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