Segpay is pleased to announce the expansion of its Multi-Currency options adding Dynamic Multi-Currency (DMC) for U.S. Merchants and the addition of four local currencies: Russian Rubles, Czech Koruna, Indian Rupees and Israeli Shekels. These additions bring Segpay’s total number of supported local currencies to sixteen, assisting merchants marketing abroad by simplifying the conversion process. The expansion also allows merchants to offer these local currencies in four additional regions of the world ahead of the busiest shopping season of the year.
“This year it’s predicted that ecommerce holiday sales are expected to surge between 25 to 35 percent,” said Cathy Beardsley, Segpay President and CEO. “By using DMC our merchants and their consumers don’t have to worry about exchange rates and unpredictable dollar fluctuations allowing them to concentrate on their business while we continue to get them paid.”
Offering multiple currencies eliminates the fluctuation between the dollar and the other local currencies. Merchants with Segpay’s DMC enabled in their payment package(s) will automatically have access to the new currencies. To learn more about Segpay’s Dynamic Multicurrency enabled payment packages please contact [email protected]. Read more on the additions in Segpay’s recent media coverage in YNOT.