In the context of globalisation, accepting international payments has become a key way for businesses to expand into global markets and seize opportunities in emerging markets. However, this brings with it a number of challenges, such as providing customer-preferred payment methods and currencies, guarding against fraud risk, and tracking and reconciling transactions.PayU International Payment Gateway simplifies the process of accepting international payments and helps businesses achieve global growth. :- www.deekpay.com
What are international payments?
While accepting international credit card payments enables global payments, the key to making the customer experience more seamless is to provide customers with a localised currency experience through Dynamic Currency Conversion (DCC).
What is dynamic currency conversion?
PayU's Dynamic Currency Conversion (DCC) allows merchants to price goods or services in foreign currencies while receiving settlement in ₹. This provides customers with the convenience of being able to easily understand and pay in their preferred currency.
How is PayU ahead of other payment services?
From the Japanese Yen to the Dinar to any currency in the world, PayU's Dynamic Currency Conversion feature enables merchants to accept payments in over 130 currencies, making it the industry leader in currency coverage. This enables merchants to accept international payments from all over the world.
How can 130+ currency options help businesses and customers?
This feature offers several benefits to businesses and customers.
How do PayU merchants accept payments in 130+ currencies?
Enabling this feature for merchants is a simple process. To start accepting international payments, 请发送邮件至[email protected]. To enable the 130+ currency option or to customise the currencies in which payments are accepted, 也可以联系[email protected].
Frequently Asked Questions (FAQs):
How is the currency conversion rate determined? Currency conversion rates are determined based on the foreign exchange rate files received by PayU, which are shared across the network. These rates are shared with PayU on a daily basis and are labelled to indicate when they are valid.
Can a merchant choose to accept payments in a specific currency? Yes, merchants have full control over the currencies they wish to accept. Our team will help you configure the currency options you need.
What currencies are supported by PayU International Payments? We support over 130 currencies, including the Dinar, Japanese Yen, US Dollar, Euro, Pound Sterling and more. You can see the full list of supported currencies here.