Meeting The Needs of An International Marketplace: With Multi Currency eCommerce
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Ready to get started? Call us on 0118 380 0201.
The advent of the internet has opened up a world of endless possibilities for us all; the ability to communicate over vast distances has helped to make our world much smaller. For businesses, this gives them the opportunity to trade their goods and services to anyone, no matter their location; fulfilling the need to appeal to their specialist markets and the specific audiences they serve.
Trading with the entire world will bring with it the need to adapt to certain locations – one of these needs is the currency. Not only does a multi currency eCommerce system help websites to provide the correct calculation of the exchange rate between two currencies – it also helps to meet the need of an exchange rate that constantly changes and fluctuates. Then, of course, there are added taxes (such as VAT) to add into the equation.
As the lines between our international borders continue to thin, it's now pretty much expected by the vast majority of internet users that any decent eCommerce website will be able to display products in their own local currency.
Here, we're going to look at a number of benefits that can be provided by a multi-currency system for any eCommerce business:
In terms of eCommerce, it's unlikely that many customers will be too pleased with a website that charges their credit card to pay for an exchange rate – after all, they've just paid for the product and its postage, so this additional cost won't go down well. These charges occur if the website doesn't have a multi-currency solution that will convert the base currency into the customer's local currency as they view the checkout. A multi-currency website will allow customers to see a total price (including any postage costs) before they place their order, making them fully aware of the true cost of the service.
If you're searching for ways to develop your eCommerce website, to improve the shopping experience of your customers and/or to offer your products to a wider marketplace, then you've found the rate place here at Advansys. We are a vastly-experienced eCommerce solutions company that is constantly positioned at the forefront of the changing trends of the world wide web, the requirements of those who use it and of course, the updates to the systems that are required to meet the needs of this ever-growing user base.
As such, we are able to implement a customised multi currency eCommerce solution for your website. With the online marketplace ever-growing, the need to be able to offer your customers the best, most-streamlined shopping experience, is vital in growing your online brand.
If you would like to take advantage of the benefits provided by multi currency eCommerce, then please do not hesitate to get in touch with us today. Give us a call on 0845 050 2700 or alternatively, you can send an e-mail to us at sales@advansys.com