Multi-Currency Payment Processing
Multi-Currency payments help merchants reach Card Members globally without the cost of setting up locally.
Call 1800 096 368 (Monday to Friday, 09:00 to 18:00 AEST) or have us contact you to learn more.
Overview
American Express Multi-Currency helps simplify cross-border e-commerce for you and your customers. With a Multi-Currency Merchant account you can price your goods and services in the preferred local currency of your international customers—helping you reach Card Members across the world.
We understand that international payments can be complicated—read on to learn more:
International Expansion:
Reach untapped countries without the cost of establishing a physical local presence.
Efficient FX Management:
Convert currency automatically whenever submission currency is different to settlement currency.
Sales Generation:
Attract new international customers and help drive increased conversions through price transparency by selling in local currency.
Simplified Operations:
Enjoy flexible settlement options, centralised account management and help reduce chargebacks/refunds—to help make your payments run more smoothly.
Frequently Asked Questions
Cross-border payments are transactions where a customer purchases goods or services from a business in a different country. Multi-Currency acceptance enables cross-border payments and is an important part of global e-commerce businesses.
When selling goods or services internationally, prospective customers may abandon their shopping cart due to concerns around currency exchange rates and/or card FX fees. By offering a Multi-Currency experience, there's no doubt for the Card Member regarding the amount being paid because its in their local currency.
American Express Multi-Currency minimises these challenges for American Express Card transactions by making it easier for your business to sell your goods and services in the Card Member's local currency and help enable you to expand your business internationally while easing the complexity related to cross-border e-commerce.
The American Express Multi-Currency merchant account enables seamless cross-border payments so you can price in a foreign currency and get paid in one of the available settlement currencies, helping to reduce the complexity of managing cross-border e-commerce so you can focus on reaching new customers.
Contact us to establish your Multi-Currency merchant account, including selection of your submission and settlement currencies.
Work with your certified payment processing partner(s) and American Express representative to enable currency and connectivity for submission.
Begin accepting American Express Card transactions in your selected foreign currencies and receive payment in your selected currencies via your preferred settlement option.