Best for
- High-risk merchants with meaningful EU, UK, CA, AU, or APAC volume
- iGaming, adult, nutra, and travel merchants with global customer bases
- Subscription merchants whose international cohorts churn from FX surprise
- Crypto on/off-ramp businesses needing multi-currency fiat settlement
How it works
When a UK customer pays a US merchant on a US-only MID, the transaction is flagged "cross-border" by the issuer. Cross-border auth rates run 3–8% lower than local-acquired transactions, cross-border interchange is meaningfully higher, and the FX spread on conversion costs another 1–3% the customer never sees but the merchant does.
A multi-currency setup solves all three. We provision local acquirers in the customer's region (UK acquirer for GBP, EU acquirer for EUR, etc.), the transaction routes locally, the issuer sees a domestic transaction, and the merchant settles in their preferred currency on the back end. For a high-risk merchant doing meaningful international volume, this is often the single biggest auth-rate improvement available.
What's included
Customers see and pay in their local currency at checkout — meaningfully higher conversion than USD-only.
Routed through acquirers domiciled in the customer's region — auth rates up 3–8% vs. cross-border.
Settle in USD, EUR, GBP, CAD, AUD, JPY, CHF, SEK, NOK, DKK, and more depending on acquirer.
Avoid the double-conversion that happens when a cross-border transaction is auth'd in one currency and settled in another.
Route by BIN country, currency, or cart value across multiple MIDs for redundancy and economics.
Dynamic Currency Conversion offered at checkout where supported by the acquirer and merchant agreement.
Pricing
Multi-currency adds 0.25%–0.75% to base processing depending on the currency set and settlement structure. The auth-rate and interchange savings on cross-border traffic typically more than offset the markup for merchants doing 20%+ international volume.