ProPay, a TSYS company and industry leader in merchant services, payment security and mobile payments, announced the launch of Shop in Your Currency™, a multi-currency processing solution powered by Planet Payment, for ProPay merchants.
Shop in Your Currency empowers ProPay’s e-commerce merchants to more effectively target foreign markets and grow international sales. With the solution, merchants can localize their offering to allow international customers to view pricing and pay in their home currencies — yet the merchant receives settlement in U.S. dollars. Shop in Your Currency completely eliminates a merchant’s need for a foreign bank account, a foreign exchange third party or overseas incorporation.
“Shop in Your Currency will help our merchants provide a much improved payment experience for their customers by providing the option to shop and pay in their own currency,” said Greg Pesci, president of ProPay. “Shop in Your Currency can help simplify the merchant requirements needed to sell products internationally and, at the same time, increase speed to market, which is critical for our merchants who want to take their products global.”
“Planet Payment is pleased that ProPay will be expanding the adoption of our multi-currency solutions in the U.S.,” said Philip Beck, chairman and chief executive officer of Planet Payment. “We believe that our solutions will provide ProPay’s merchants with the tools to grow their business by improving the shopping experience for international customers.”
