Currencies

To help you grow your customer base and business internationally, Nexway Monetize provides a multi-currency feature that allows you to accept payment in several currencies. This benefits both you and your shoppers as it satisfies their preference to pay in their local currency, which reduces shopping cart abandonment and improves the conversion rate. It also prevents you from maintaining several instances of a product, one for each currency in which it is available.

Default payment currencies
Below are the default currencies available in Nexway Monetize for pricing, payment, and billing converning the country of the shopper.

Region Currency Payment type Payment method Countries
Worldwide
US Dollar (USD) Cards Visa, Mastercard >140 countries
Europe
Euro (EUR) Cards Amex, Visa, Mastercard, Maestro, Visa Electron Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Montenegro, Netherlands, Portugal, Slovakia, Slovenia, Spain, Vatican, Monaco, san Marin, Andorra, Lichtenstein, Malta
Bancontact Belgium
carte bleue, carte bancaire, check France
JCB Finland, Italy, Spain
PostePay Italy
Debit SEPA Belgium, Cyprus, France, Greece, Ireland, Italy, Luxembourg, Slovakia, Spain, Monaco, san Marin, Lichtenstein, Malta
Online banking Sofort Germany, Spain, Belgium
Ideal Netherlands
bank transfer Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Montenegro , Portugal, Slovakia, Slovenia, Spain, Vatican, Monaco, San Marin, Andorra, Lichtenstein, Malta
Mistercash Belgium
Klarna PayNow Austria, Germany
EPS Austria
Multibanco Portugal
Mobile pay Finland
trustly Finland, Latvia, Lithuania, Estonia
Giropay Germany
Invoice Invoice Germany
British Pound (GBP) Cards Amex, Visa, Mastercard, Maestro, Visa Electron, Solo Great Britain
Online banking Bank Transfer
Bulgarian Lev (BGN) Cards Amex, Mastercard, Visa Bulgaria
Czech Koruna (CZK) Cards Amex, Visa, mastercard Czech republic
Danish krone (DKK) Cards Amex, Mastercard, Visa, dankort Denmark
Online banking Mobile pay
Hungarian Forint (HUF) Cards Amex, Visa, mastercard Hungary
Icelandic Krona (ISK) Cards Visa, mastercard Iceland
Moldovan Leu (MDL) Cards Mastercard, Visa Moldova
Norwegian Kroner (NOK) Cards Amex, Mastercard, Visa Norway
Online banking Vipps
Polish Zloty (PLN) Cards Mastercard, Visa Poland
Online banking Dotpay, Blik
Romanian Leu (RDL) Cards Amex, Mastercard, Visa Romonia
Russian Rouble (RUB) Cards Amex, Mastercard, Visa, Mir Russia
Online banking Qiwi wallet, Bank transfer
Serbian Dinar (RSD) Cards Amex, Visa, Mastercard Serbia
Swedish krona (SEK) Cards Amex, Mastercard, Visa Sweden
Online banking trustly
Swiss Franc (CHF) Cards Amex, Mastercard, Visa, Visa Electron Switzerland, Lichtenstein
invoice payment by invoice
Online banking bank transfer, Sofort
Middle east & Africa
Algerian Dinar (DZD) Cards Mastercard, Visa Algeria
CFA Franc (XAF) Cards Mastercard, Visa Cameroon, Chad, Gabon, Central African republic, Equatorial Guinea, republic of Congo
CFA Franc (XOF) Cards Mastercard, Visa Sénégal, Ivory Coast, Burkina Faso, benin, Mali, Niger, Guinea Bissau
Egyptian Pound (EGP) Cards Mastercard, Visa, Amex Egypt
Israel New Shekel (ILS) Cards Visa, Amex, Mastercard Israël
Kenyan Shilling (KES) Cards Amex, Mastercard, Visa, Kenya
Online banking Mpesa
Moroccan Dirham (MAD) Cards Morocco
Cash Wafacash
Namibia Dollar (NAD) Cards Mastercard, Visa, Amex Namibia
Nigerian Naira (NGN) Cards Amex, Mastercard, Visa Nigeria
Qatari Rial (QAR) Cards Amex, Mastercard, Visa Qatar
Saudi Riyal (SAR) Cards Amex, Mastercard, Visa Saudi Arabia
South African Rand (ZAR) Cards Amex, Mastercard, Visa South Africa
Tunisian Dinar (TND) Cards Visa, Amex, Mastercard Tunisia
Turkish Lira (TRY) Cards Amex, Mastercard, Visa, Maestro, Troy Turkey
UAE Dirham (AED) Cards Amex, Mastercard, Visa United Arab Emirates
North America
Canadian Dollar (CAD) Cards Amex, Mastercard, Visa Canada
US Dollar (USD) Cards Amex, Mastercard, Visa, Visa Electron, Maestro, Discover USA
Online banking bank transfer
Latam
Argentine peso (ARS) Cards Visa, Mastercard, Amex, Diners, Naranja, Cabal, Shopping, Argencard, cencosud Argentina
Cash Cobro express, Rapipago, Pagofacil
Brazilian Real (BRL) Cards Amex, Mastercard, Visa, Diners, Elo, Hipercard Brazil
Online banking Pix, Boleto
Cash Boleto
Chilean Peso (CLP) Cards Amex, Mastercard, Visa Chile
Cash Multicaja
Online banking RedCompra
Colombian Peso (COP) Cards Amex, Diners, Mastercard, Visa, Codensa Colombia
Cash Baloto, Efecty
Online banking PSE
Mexican Peso (MXN) Cards Amex, Mastercard, Visa Mexico
Cash Oxxo, 7/11
Peruvian Nuevo Sol (PEN) Cards Amex, Diners, Mastercard, Visa Peru
Cash Pago efectivo
APAC
Australian Dollar (AUD) Cards Amex, Mastercard, Visa Australia
Chinese Yuan renmimbi (CNY) Cards Amex, Mastercard, Visa China
Hong Kong Dollar (HKD) Cards Mastercard, Union Pay, Visa, Amex Hong Kong
Online banking Wechat pay
Indonesian Rupiah (IDR) Cards Mastercard, Visa, Amex Indonesia
Wallet Doku
Indian Rupee (INR) Cards Amex, Diners, Maestro, Mastercard, Rupay, Visa India
Online banking Net Banking
Japanese Yen (JPY) Cards Amex, JCB, Mastercard, Visa Japan
Cash Pay easy, Konbini, 7/11
South-Korean Won (KRW) Cards Amex, Mastercard, Visa, Union Pay South Korea
Online banking KCP Korean cards
Wallet Payco
Malaysian Ringgit (MYR) Cards Mastercard, Visa, Amex Malaysia
Cash 7-Eleven
Online banking  Molpay online banking
New Zealand Dollar (NZD) Cards Amex, Mastercard, Visa, Visa Electron New Zeland
Philippine Peso (PHP) Cards Mastercard, Visa, Amex Philippines
Singapore Dollar (SGD) Cards Mastercard, Visa Singapore
Thai Baht (THB) Cards Mastercard, Visa, Amex, JCB Thailand
cash tesco lotus
Taiwan Dollar (TWD) Cards Amex, JCB, Mastercard, Visa, Maestro, union Pay Taiwan
Vietnamese Dong (VND) Cards Amex, Mastercard, Visa, JCB Vietnam
Wallet Momo Wallet
Cash Momo ATM

Note

The currency in which prices are set is the currency in which payment will be processed.

Configuration and use cases
Example
You want to sell products in the European Union (EU) in euros (EUR), in the United States in USD and everywhere else in USD.

Via Nexway Center

Set a price in euros with the “default” option for the country. The price in EUR  will automatically be displayed for shoppers in countries in the EU, like France and Spain.
Set a price in USD with the “default” option for the country. The price in USD will automatically be displayed for shoppers in the US.
Set USD as the default currency; the price will be displayed in USD for all shoppers in countries other than the US and the EU.

Via API
To implement the example via API use the following properties:

“defaultCurrency”: to specify the default currency. Use the ISO currency codes, such as USD (American dollars) for our example.
“priceByCountryByCurrency”: to define the prices for the different zones of the sale in specific currencies. Here you indicate the following information in this specific order:

The currency in which the price is to be set. Use the ISO currency codes, e.g. “EUR” for euros.
The country where the product is to be sold at this price. Use the ISO country codes, e.g “FR” for “France”. If you want to set the price for the countries whose default currency is the one you specified, use “default” for this value. For example, if you set “EUR” as your currency, then “default” for your country, the price will be displayed in the shopper’s cart for countries in the European Union.
The price of the product. In the example below, the price is set at 10 euros in the European Union and USD 12 in the United States of America. You can add as many prices and countries as you wish.
If tax is included in the displayed price.
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