Planet Payment and Moneris Solutions have inked an agreement to deliver currency conversion functionality at the checkout to Moneris’ portfolio of merchants in Canada.
With this agreement, Moneris plans to integrate Planet Payment’s currency conversion technology into its suite of product offerings. This agreement will significantly expand Planet Payment’s solution reach in Canada – Moneris has over 350,000 merchant locations, processing more than three billion credit and debit card transactions a year.
Planet Payment’s multi-currency processing solutions allow merchants to provide an enhanced level of customer service by offering international customers the choice to pay in their home currency. Ideal for retailers, restaurants or hoteliers, it lets tourists or business travelers know how much they are paying at the point of purchase, instead of having to wait until they return home to discover their transaction’s actual cost. It is also ideal for online merchants, who can target new markets by pricing in multiple currencies.
Moneris Solutions offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Moneris also offers electronic loyalty and stored-value gift card programs.
Planet Payment is a provider of international payment processing and multi-currency processing services. We provide our services in 21 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe, primarily through our 70 acquiring bank and processor customers.
For a complete archive of more than 60,000 articles published since 1995 search the CardFlash.com library.