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)

CurrencyCodeCurrencycode

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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