Can 2CheckOut bill in different currencies?

2CO provides a new multi currency service that enhances the online shopping experience for global customers. This service allows international customers to shop in a variety of currencies, in addition to USD, knowing the final charge of their purchase in their local currency.

Currently we offer the ability to bill customers in the following currencies:

Australian Dollar (AUD)
Canadian Dollar (CAD)
Swiss Franc (CHF)
Danish Krone (DKK)
Euro (EUR)
British Pound (GBP)
Hong Kong Dollar (HKD)
Japanese Yen (JPY)
Norwegian Krone (NOK)
New Zealand Dollar (NZD)
Swedish Krona (SEK)
U.S. Dollar (USD)

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8 Comments »

# Comment by alfarom
2008-04-18 18:28:34

Why is not possible to charge customers in EUR and keep also EUR balance in Merchant account?
(so later also to be paid by 2co.com in EURos - in order to avoid USD-EUR currency conversions)

 
# Comment by cliff 2CO Staff
2008-04-22 10:22:28

Please consider this request “in progress”. We will post more information as it becomes available.

 
 
 
# Comment by craig 2CO Staff
2008-04-19 08:32:46

2Checkout.com is a US based business and therefore conducts business in the US Dollar. At this time the funds from your orders are held in USD and paid out to you based on the current exchange rate at the time of payment. 2Checkout.com is always looking to the future and ways to better serve our vendors needs and requirements; therefore, 2Checkout.com is currently investigating the possibilities of holding foreign assets.

 
 
# Comment by mcheca
2008-12-26 11:15:35

Hi, I work for a company in Lima, Peru. Our business is a registered merchant with both Visa and Mastercard in the physical world. We’re currently interested in online sales for the national market only, to reach the cities where we currently have no local representatives, so all our prices are in Peruvian Nuevos Soles (S/.). If we were going to use your payment gateway, how would that need to be handled?

 
# Comment by craig 2CO Staff
2008-12-26 11:38:17

Unfortunatly, 2Checkout does not currently offer Peruvian Nuevos as a customer purchase currency or as a supplier payment currency. Your 2Checkout account would have to be setup in one of our supported currencies and you would have to be paid out by either wire transfer to your Peruvian bank, USD mailed check or by the Payoneer MasterCard. Please review our payments article for more information on the supplier payment options available.

 
# Comment by mcheca
2008-12-26 11:54:12

Thanks for your reply.

Getting a fund transfer in USD wouldn’t be a problem, we have separate bank accounts for both USD and S/. for our operations.

Now, the software we’re using for our online store allows to define an alternate currency (which would be set to USD by indicating the exchange rate for the day) if I’m not mistaken, but I’m not sure if that would be of any use - I need to inquiry whether in that case you’d get sent the transaction amounts in USD, both S/. and USD, or still in S/. (if the alternate currency is for display purposes only). Let me ask the software authors about that.

 
# Comment by craig 2CO Staff
2008-12-26 12:12:12

Each 2Checkout account can only be setup in one currency. The product price or total that is passed in by your shopping cart will always be in your accounts selected currency regardless of the display currency on your website. If your account is set to USD the order total will be automatically changed to the customers local currency based on their IP address and the current exchange rate as long as it is one of our supported currencies. If your account is set to a different currency such as GBP the order total will always be in GBP unless the customer changes the currency manually by clicking on the currency flags in the purchase routine.

 
 
# Comment by mcheca
2008-12-26 12:23:44

From what I can tell, transaction data is sent by the software in the primary currency only, so we’d need to swap the current order and have USD as the primary one to be able to work with you and S/. as the alternate one to also display the prices in Nuevos Soles on our site.

 
 
 
 
 
 
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