Currencies
Supported currencies
MoneyCollect supports processing payments in all the world's major currencies, allowing you to charge customers in their native currency while receiving funds in yours. This is especially helpful if you have a global presence, as charging in a customer’s native currency can increase sales.
The currency used comes into play in three places:
The customer’s credit card currency
The currency of the charge, called the presentment currency or the transaction currency
The currency accepted by your destination bank account or debit card, called the settlement currency
If the charge currency differs from the customer’s credit card currency, the customer may be charged a foreign exchange fee by their credit card company.
If the charge currency differs from your settlement currency, Moneycollect converts the charge to your settlement currency and an Exchange Rate Markup is applied.
Supported presentment currencies
You should provide the three-letter ISO code in all uppercase letters when making the charge request.
MoneyCollect users can process charges in the following list of currencies (ISO 4217):
Won
KRW*
Russian Ruble
RUB
Yeni Türk Liras
TRY
Convertible Marks
BAM
Rand
ZAR
Bulgarian Lev
BGN
UAE Dirham
AED
Croatian Kuna
HRK
Mexican Peso
MXN
Forint
HUF
Chilean Peso
CLP*
Lithuanian Litas
LTL
Belarussian Ruble
BYR*
Latvian Lats
LVL
Malaysian Ringgit
MYR
Leu romacircnesc
RON
Denar
MKD
Serbian dinars
RSD
Serbian Dinar
CSD
Brazilian Real
BRL
Pakistan Rupee
PKR
Baht
THB
Hryvnia
UAH
New Israeli Sheqel
ILS
Iranian Rial
IRR
Yuan Renminbi
CNY
Tanzanian Shilling
TZS
US Dollar
USD
Armenian Dram
AMD
Pound Sterling
GBP
Iceland Krona
ISK*
Euro
EUR
Azerbaijan Manat
AZN
Australian Dollar
AUD
Lek
ALL
Canadian Dollar
CAD
Taka
BDT
Yen
JPY*
Saudi Riyal
SAR
Singapore Dollar
SGD
Lari
GEL
Hong Kong Dollar
HKD
Zloty
PLN
Malaysian Ringgit
MYR
New Zealand Dollar
NZD
Philippine Peso
PHP
Norvegian Krone
NOK
New Taiwan Dollar
TWD
Danish Krone
DKK
Indian Rupee
INR
Swedish Krona
SEK
Czech Koruna
CZK
Swiss Franc
CHF
Currencies presented with *s are zero-decimal currencies, explained below.
Zero-decimal currencies
All API requests expect amounts to be provided in a currency’s smallest unit. For example, to charge 10 USD, provide an amount
value of 1000 (that is, 1000 cents).
For zero-decimal currencies, still provide amounts as an integer but without multiplying by 100. For example, to charge JPY ¥500, provide an amount
value of 500.
Zero-decimal currencies:
JPY
KRW
CLP
BYR
ISK
Supported settlement currencies:
USD
JPY
HKD
EUR
Associated settlement bank/virtual account in selected currency is required.
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