Welcome to RegOnline Help Center: Event Registration Software Sign in | Join | Help
Search for: Search

Setting up your international event to avoid currency conversion

  •  10-12-2006, 10:47 AM

    Setting up your international event to avoid currency conversion

    Topic:

    I have an international event coming up, and I want to charge the registration fees in Great Britain Pounds (GBP) so that my attendees won’t have to pay a conversion charge for their registration fees. What do I need to do?

    Solution:

    Your merchant account determines the way your attendee’s credit cards will be charged. That means that if you want your event to charge in GBP (or another currency) you’ll need to be sure that both your RegOnline account and your merchant account are set to charge in the same currency.

    For example: When your RegOnline account and your merchant gateway are both set up with a default currency of Great Britain Pounds (GBP), then all transactions will process in that currency with no conversion to/from U.S. dollars (USD) during the transaction process. On the other hand, if your event charges GBP but the merchant account processes USD, the currency will be converted to dollars by the merchant account. This makes it likely that the attendee will see a US Dollar charge on their credit card as well as a conversion fee. It also means that you’ll have to reconcile your event revenues in GBP against bank statements in USD.

    Additional Information:

    None.

    Related Links:

    Keywords: Non-USD, non-US dollars, currency not USD, foreign currency, exchange rates, currency conversion, transaction charges, change currency, currencies




    New to RegOnline?
    Sign up for our Live New User Training.

    Still need help?
    Submit your question to the RegOnline Tech Support team.

View Complete Thread
Powered by Community Server, by Telligent Systems
Event Registration - Conference Registration - Online Registration - Online Meeting Registration