American financial infrastructure platform Stripe has announced the launch of an adaptive pricing solution that will help users offer buyers their preferred local currencies, FinTechInsider reports.
►Follow the MinFina page on Facebook: top financial news
Stripe provides adaptive pricing services to merchants in more than 50 countries, allowing them to offer local currencies to their buyers in more than 150 regions around the world. Some of these include Australia, Bulgaria, Brazil, Canada, Denmark, Hungary, India, Japan, Mexico, Malaysia, New Zealand, Singapore, Romania, Sweden, the United Kingdom, and the United States.
Stripe's adaptive pricing solution allows customers to pay in their local currency, with the company automatically calculating a localized price and managing currency conversion.
In addition, customers can use adaptive pricing to display prices in local currency based on location, calculate prices in real-time using the exchange rate, offer additional payment methods that require local currency, and ensure regulatory compliance for all supported currencies.
- Currency