Accepting payment in different currencies

Looking for merchant account solution

[geargrinder]

I am planning ecommerce sites in multiple domains and languages and would like to accept payments in the local currency, i.e. yen in Japan, euros in Germany, dollars in US, etc.

PayPal Pro can cover my initial markets but I plan on expanding to markets whose currency they do not support. Also, I have some reservations about PayPal Pro and conversion rates on international payments, based on some discussions here.

Worldpay seems to have the currency selection but I would have to send my customers through their payment pages. Plus their fees seem high (but don't really have anything to compare them to).

I am based in the US and already have an authorize.net account.

Any suggestions on how to implement the multiple currency payment option for my customers?

Thanks in advance. I have learned lots from these discussions and value your input.

geargrinder

[itsjustme]

Worldpay can be integrated without requiring the use of their pages. I think it is called Select Jr./Select Pro or something like that. Many commercial carts can do this.

[Corey Bryant]

Consider building something yourself using xe.com.

-Corey

[geargrinder]

>>Consider building something yourself using xe.com.

Okay, if I display the price in my customer's currency and submit the charge in US$ to authorize.net the customer is charged at the final daily exchange rate by their cc bank for the transaction. This will be different from what I am displaying because the settlement is done at a later time from the purchase.

What appears on their cc bill - the price in US$? Or in their currency?

I want to be as transparent as possible with my customers - dealing with them in their own currency so they can make informed purchasing decisions. Displaying a price in their currency and then doing a conversion to US$ doesn't seem very transparent to me because of the above exchange rate issue, even if I display the current conversion rate on the site for them to see.

I just talked to my merchant account provider and they actually reccommended Worldpay. I'll look into them further.

[chodges84]

Worldpay will be able to implement it without it going to their payment pages, but they don't advertise it. They will need to know things about server security (protection against fire and theft etc) and where its located. You either need to e-mail them or phone them.

I was worried that conversions may not be as high when they see that they have been transferred to another site, but I think that Worldpay is a highly repected name and if any thing, may even increase conversions, as customers are aware that worldpay have obviously done background checks etc on your business.

[RailMan]

you can customise the standard worldpay pages - most people won't even realise they've left your site

and search around for worldpay - you can get discounts on the starting fees