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I agree, it will scare alot of US customers away if you bill in EUROS, if your worried about the US dollar in relation to converting to YOUR country - adjust your membership fees accordingly, and accept other currencies (ccbill has this already, and many EU billing companies ALREADY settle to EU).
About affiliate/partner settlement to EU funds, I recommend getting paid in whatever currency they pay by default - or face losses by having the source do "fuzzy math" on your exchange rate. Just my 2 cents.
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