In the global economy we live in, it is becoming ever more popular for companies to expand their products and services for use all over the world. While this opens new avenues for business, it also comes with complications, one of those being the fact that there are different currencies the world over, and typical merchant accounts only service the business’s home currency. International customers are not likely to take the time to convert currency before the purchase of your product; they will simply move onto a competitor who simplifies the process. Fortunately, with a multi-currency merchant account, any business can keep up with the competitors in this aspect.
Axcess Merchant Services understands this dilemma, which is why they have introduced a very compatible multi-currency merchant account that is easy to set up and use. So, in the event that a customer in Guatemala wishes to purchase a product from a merchant in the United States, this service allows the customer to pay in quetzals and the merchant to automatically receive an accurately converted dollar amount. In our global economy, it is nearly impossible for merchants to survive without this technology, especially in online (more…)