Currency Payments - Conversion Fees
Posted: 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??
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??