A multi-currency payment gateway is a financial technology service that allows businesses to accept payments in multiple currencies from customers around the world. It simplifies international transactions by letting customers pay in their local currency, while businesses receive funds in their chosen currency. This gateway integrates with online platforms and uses dynamic currency conversion to offer real-time exchange rates, smoothing the transaction process and improving customer experience. It also manages the complexities of cross-border transactions, including compliance with local regulations and security measures to protect sensitive payment information.
Multi-Currency Payment Gateway
- May 8, 2024