Currency Conversion (Retail, E-Commerce, MOTO, ATM, and ...
Solution
Currency Conversion
(Retail, E-Commerce, MOTO, ATM, and Mobile)
Offer international customers the choice to
pay in their own currency
Merchant Benefits
Currency is the language
of commerce.
Billions of cross-border transactions are
processed around the world every single
day. Whether it¡¯s online or in a store,
Currency Conversion is an easy way to give
international customers the choice to pay in
their own currency and provide them with a
purchase experience they prefer.
Earn revenue share on all converted transactions
R
educe the cost of processing cross-border
transactions
Increase top-line sales by attracting new customers
R
educe shopping cart abandonment and improve
sales conversions at checkout
E
liminate foreign exchange risk for the life of the
transaction with integrated treasury management
Improve customer satisfaction and customer loyalty
Consumer Benefits
Pay in more than 70 currencies
R
eceive a receipt in the same amount and
currency that appears on their cardholder statement
H
elps eliminate foreign transaction fees
charged by many issuers (depending on cardholder
agreement)*
M
ake purchases in a familiar currency without
having to perform manual calculations
E
njoy a superior cross-border experience that is
similar to doing business with a local merchant
Currency Conversion (Retail, eCommerce, MOTO, ATM, and Mobile)
Offer Full Transparency and Choice in a Familiar Currency
Pricing
Conversion
Choice
Processing
Merchant sets pricing
in their base currency
Sale amount is
converted based
on exchange rates
and displayed at the
point of transaction
Cardholder chooses
to pay in either the
local currency or
their own currency
Fiserv processes
the transaction in the
selected currency;
merchant is funded
in their base currency
Beyond the Transaction
The benefits of Currency Conversion don¡¯t stop
once the transaction is processed. Other key
benefits include:
Simple Conversion
There is no need to set pricing in multiple foreign
currencies. All prices are converted when the cardholder
makes their payment.
Powerful Reporting
Provides commission tracking and key performance
indicators, offering in-depth marketing insight and
analysis of international customers.
Additional Solutions for
Managing Cross-Border
Transactions
Dynamic Pricing
(Multi-currency conversion)
Dynamically converts pricing into multiple
currencies without risk.
Global ePricing
(Multi-currency pricing)
Select your currencies, set pricing, and manage
the customer experience.
Global Commerce Solutions
Combine any of our currency solutions with
Global Merchant Acquiring and Local Payment
Methods.
Guaranteed Funding
Funding is provided in the merchant¡¯s local currency ¨C
not the converted currency ¨C at a guaranteed exchange
rate from the time of transaction.
*There are additional cross-border related fees charged by the card brand anytime the card is used outside the country in which it was issued and for conducting a
transaction in a currency other than the merchant¡¯s base currency. In addition, some issuers may impose a fee to the cardholder for using their card outside
the country of issuance. Currency Conversion does not eliminate that fee.
For more information about our Currency Conversion solution, please contact your Sales Representative.
Fiserv, Inc.
255 Fiserv Drive
Brookfield, WI 53045
? 2021 Fiserv, Inc. or its affiliates. Fiserv is a trademark of Fiserv, Inc., registered or
used in the United States and foreign countries, and may or may not be registered
in your country. All trademarks, service marks and trade names referenced in this
material are the property of their respective owners.
795403 06/21
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