Currency Payments - Conversion Fees

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niall08
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Currency Payments - Conversion Fees

Post by niall08 » Wed Apr 22, 2009 7:05 am

I'm trying to find out if there are any additional fees associated with having more than one currency type on the site..

Our primary currency is British Pounds Sterling - we provide Euro and Dollar options.

On the client side, all payments APPEAR to be in the client's selected currency.

Under the bonnet, however, payments are in the primary currency type - i.e. GBP

What happens, however, when a European Credit Card Holder makes a payment for what appears to be a euro amount on the site - their card gets charged for the GBP amount, so will they get charged currency conversion fees by the credit card company??

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