Empower customers around the world to shop and pay using their own currency – virtually anywhere, anytime and on any device. Provide a more secure, frictionless payment experiences in over 130 global currencies while optimizing your global currency program and reducing FX risk.
Enable your business to accept foreign currencies, receive funding in your base currency, and monetize transactions without exchange rate risk.
Increase sales up to 60% via global market expansion.1
Percentage of shoppers who prefer to pay in their local currency.3
30
Percentage of shoppers who abandon a purchase if pricing is in U.S. dollars only.3
100
Average basis point savings on cross- border fees for foreign-issued cards.1
Currency is the language of commerce. You can help improve sales conversions, reduce shopping cart abandonment, and increase stickiness by displaying and selling products in a familiar currency that speaks your customer’s language.
Revenue Growth
A client needed the ability to set static pricing and process in multiple currencies to support global expansion.
They utilized Global ePricing, which enabled them to expand into 3 major international markets, increase cross-border sales by 60%+, and generate over $50 million in incremental top-line revenue.
Source: Fiserv data; individual results may vary
Revenue and Cost Savings
A large brick-and-mortar client needed the ability to offer global customers the choice to pay in their own currency.
They utilized Currency Conversion, which enabled them to increase international sales by 90%+, and generate over $10 million in combined revenue and cost savings.
Source: Fiserv data; individual results may vary
Lower Cost Transactions
An eCommerce client needed the ability to service global consumers while keeping costs low.
They utilized Dynamic Pricing, which enabled them to offer 70+ currency options, reduce cost on 75K+ transactions, and increase annual revenue by over $150,000.
Source: Fiserv data; individual results may vary.
We will work with you to understand your business needs and show you how to best leverage our solutions to make your vision a reality.
“Sources: 1) Carat data; individual results may vary, 2) “A vision for the future of cross-border payments”, McKinsey & Company/SWIFT, 3) “Achieving Success with Cross-Border Payments”, American Express”