Multi-Currency Pricing (MCP)
FEXCO Multi-Currency Pricing (MCP) allows merchants to price goods and services in a number of foreign currencies whilst still receiving settlement in their chosen currency(ies). This allows the consumer to better understand the price of goods and gives them the choice of which currency to pay in. Typical applications for MCP are found across eCommerce environments with more recent developments in Cardholder Present environments through the use of interactive screens.
Multi-Currency Pricing enables merchants the option to offer its products and services in multiple currencies whilst being guaranteed settlement in their chosen base currency. The merchant is not exposed to any foreign exchange risks and is guaranteed a profit from the foreign exchange transactions.
