Settlement Currency
Settlement currency refers to the specific currency in which merchants receive their financial settlements from payment processors or acquiring banks. It is the currency used to finalize and transfer the funds from the payment processing system to the merchant’s designated bank account, ensuring that merchants receive their earnings in the desired currency. The settlement currency […]
Settlement currency refers to the specific currency in which merchants receive their financial settlements from payment processors or acquiring banks. It is the currency used to finalize and transfer the funds from the payment processing system to the merchant’s designated bank account, ensuring that merchants receive their earnings in the desired currency. The settlement currency is a crucial consideration for merchants operating in diverse international markets, allowing them to manage their finances efficiently and effectively across different currencies and geographical regions.
Settlement currencies offered by TrustPay are: EUR, USD, GBP, CAD, AUD, SEK, NOK, DKK, PLN, CZK, HUF, NZD, RON, CHF.
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