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- PG Multi-Payment Service
- Multi-Currency Credit Card Payment
Multi-Currency Credit Card Payment
▼ Multi-Currency Credit Card Payment
Multi-Currency Credit Card Payment enables credit card payments in local currencies without the need to connect to an overseas payment service provider.
Merchants receive the sales proceeds in Japanese yen as GMO-PG undertakes the currency exchange, just as if selling domestically. This makes it possible to operate a store denominated in a foreign currency but without incurring any of the cumbersome procedures.
Benefits of Multi-Currency Credit Card Payment
-
・Reduces currency risk for the buyer
There is no need for the buyer to consider currency fluctuations as the price can be displayed in fixed local currency amount. -
・Packaged offering of multiple currencies for credit card payment
There is no need to establish an overseas corporate entity. Foreign currency credit card payment can be installed with just a single contract with GMO-PG and the credit card company. -
・Reduced currency exchange and settlement work
Sales proceeds are deposited in a lump-sum in Japanese yen, reducing the need for currency exchange and settlements.
Processing Flow for Multi-Currency Credit Card Payment
Flow of Data flow for Multi-Currency Credit Card Payment
…Purchase information, Payment identification number, Payment identification number, payment confirmation notification 
…Deposit
- Shopping screen (foreign currency payment)
- Payment (foreign currency payment)
- Authorization processing (receivable or actual sale)
- Authorization processing (receivable or actual sale)
- Authorization confirmation result
- Authorization confirmation result
- Sales information (Japanese yen)
- Sales information (Japanese yen)
- Goods/Service delivered
- Payment
- Deposit
- Deposit
* Differences may arise based on the type.
Launch of Multi-Currency Credit Card Payment
Two service plans are available to choose from:
| Type | MCP | DCC |
|---|---|---|
| Available Currency | 21 Currencies |
33 Currencies |
| Exchange Rate |
・Customer’s billing amount fixed in 3 days |
・Determined at time of purchase |
| Currency Risk | Merchant’s risk |
No risk |
| Operation method | Preliminary amount and Customer-billing amount |
Customer billing amount |
| 3DS Compatible | Required | Choice between Required or Available |
Cautionary notes on Multi-Currency Credit Card
- 1. Available Currencies
- Following currencies based on the types (as of September 2, 2019)
- ■…MCP compatible currencies
- ■…DCC compatible currencies
- 2. Available brands
- VISA and MASTER are available
- 3. Functions differ depending on the Type chosen
- Choose either the MCP or DCC that best suits the EC website operation.
* For further inquiries, please contact us by telephone or the inquiry form.
- TOP
- Services
- PG Mult- Payment Service
- Multi-Currency Credit Card Payment