A multinational market for your business
As ecommerce continues to expand, the opportunities to reach new markets are expanding too. Any business with an eye on multinational sales could benefit from offering a customer’s local currency. And the more currencies you can accept, the more customers you can appeal to.
By accepting and processing multicurrency payments, you could access a global market; expanding your customer base and increasing your sales opportunity. Barclaycard Multicurrency Settlement Solution is ideal if:
You take overseas orders
You can tap into potentially higher conversion rates and improve your customer experience. When customers can see the price of goods in their local currency, they have more faith in the payment process – driving sales*.
You process many like-for-like currencies
Processing multiple currencies and then settling them in the same currency can be expensive and take time. With our solution, all settlement currencies can be switched to one or two currencies – making the whole process simpler and potentially reducing foreign exchange risk too.
Set up is simple. Firstly you need to decide which currencies you wish us to process on your behalf, select the settlement currencies of your choice, and let us know.
You can either contact your Relationship Manager or call
0800 096 8199
to get started.
Then simply contact either your IT department or partner, or your web developer, to make sure your prices are displayed in the currency you wish to accept.
* '5 essential components for attracting international customers (Revenue Wire) January 2015'.