Processing Currency
Processing currency refers to the specific currency in which a payment transaction is initially processed or authorized by a payment service provider or acquiring bank. It is the currency used at the point of sale or during the transactional process, determining the value and terms of the payment at the time of purchase. Processing currency […]
Processing currency refers to the specific currency in which a payment transaction is initially processed or authorized by a payment service provider or acquiring bank. It is the currency used at the point of sale or during the transactional process, determining the value and terms of the payment at the time of purchase. Processing currency is a critical aspect of international transactions, allowing merchants to accept payments in various currencies and enabling customers to make purchases using their preferred currency. Effective management of processing currency is essential for facilitating seamless and efficient cross-border payment transactions.
By default, you can accept payments in EUR, CZK, HUF, PLN, DKK, NOK, GBP, RON, HRK, USD, CAD, UAH, RSD, AUD, JPY, more currencies can be added on request.
The offer of processing currencies may differ from the offer of settlement currencies.
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