Elavon Multi-Currency Service offers online merchants the ability to sell and accept payments for their products and services in one or more of nearly 100 currencies through a single MID while receiving funding in their home currency for all transactions.
How merchants choose to design their web site or sites to target international clientele and foreign geographies using Multi-Currency is completely within their discretion.
Internet Secure e-commerce gateway has been certified for Multi-Currency processing for online merchants- Develop sites targeting individual countries and currencies
- Develop one site that supports multiple countries and currencies
- Accept payment in the currencies of your choice
- Access all funding information the following business day online through MerchantConnect
When merchants enroll in Multi-Currency they agree to allow Elavon to manage all foreign exchange activity. They price and accept payment in whatever currencies they choose, Elavon exchanges all transaction currencies to the merchant’s funding currency and deposits funds as normal.
The Transaction Summary Report will show:
- Transaction funding amount
- Transaction count totals
- Transaction amount total
- Settled amount totals by currency for a given date range
In addition, month-end merchant statements show all amounts with both currencies by batch, including a Summary Deposit section and a Detailed Deposit section.
For more information about Elavon's Mutli-Currency Service please call us at 877-877-6511 or email us.