ABCpayments.com
ABCpayments.com

ABCpayments.com ABCpayments.com ABCpayments.com ABCpayments.com ABCpayments.com
ABCpayments.com
Multi Currency Support
ABCpayments.com
Multi Currency Support

In simple words, Multi Currency Support means accepting transactions in different kinds of currencies. Multi-currency support allows users to transact, forecast, and report in any currency. ABCPayments.com provides innovative multi-currency processing and settlement services that enable merchants to transact in any type of currencies.

ABCPayments.com offers flexible way to manage multiple currencies, exchange schedules and currency fluctuations.

With globalization, there has been a steep rise in the business transactions among various countries. This has created a need for organizations to adapt to multi-currency transactions. We, at ABCPayments.com, endeavor to address these needs through a streamlined & well-defined Multi-Currency support. Take control of multinational operations and manage currency transactions smoothly and efficiently with flexible, powerful multi currency capabilities with ABCPayments.com.

ABCPayments.com process your order in Indian Rupees in the back end but we allow you to pass us the amount in INR or in any other currency also. Our intelligent system understands your currency and automatically converts it for our back end processing as per prevailing conversion rates.

For Example : If at your website you have displayed your prices in US dollars. Now for a product that is priced at US

1, you may choose to pass dollar 1 or equivalent converted Indian Rupee to our payment gateway. Here you have the option to avoid the complexities in the program to convert the currency in INR to pass it to us as you are generally required at different other payment gateways. Our system accepts in dollars or any other currency also and converts the amount in equivalent Indian Rupee automatically and then processes your request.

Benefits of Multi Currency Support:
  • Ability to transact in other than your accounting currency.
  • Ability to revalue transactions.
  • (Bank) Accounts in other than accounting currency.
  • Access to customers worldwide in any market regardless of currency and language barriers - growing your business.
  • Making Money 24/7.
  • Efficient Customer Service.
  • Competitive Advantage.
  • Simple to understand pricing structure & cost-effective solutions.
Key features of Multi Currency Support at ABCPayments.com:

Exchange Rate Tracking: Track the date and time of exchange rates used in multi-currency transactions to facilitate audits and allow for after-the-fact transaction entry in a changing currency market.

Standards Support: Manage multi-currency transactions to international standards for accounting and reporting.

Currency Rate Definition: Define an unlimited number of currencies and exchange rates per currency or set specific rates as needed for individual companies, contracts, or transactions.

Customer-Specific Default: Set default currency rates for specific customers, vendors, or accounts for fast and error-free transactions. Select a different rate or enter a new rate during transaction entry to handle exceptions as they arise.

Multicurrency Inquiry: Get instant access to the information you need, with multicurrency transactions showing both originating and functional currencies for financial inquiries.

Name of the Countries & their respective Currencies:

Country Currency
India
United Kingdom
Canada
European Union
USA
Indian National Rupee
British Pound Sterling (GBP)
Canadian Dollar (CAD)
Euro (EUR)
US Dollar (USD)