Quote:
Originally Posted by Socks
I'm still very concerned about their multi-currency, because the customer invariably gets charged more in their currency than the US membership is worth (driving sales away if the customer is smart enough to check rates). Add to that, you don't receive a penny of the extra money.
I recently noticed a $9.99 USD membership selling for $10.57 CDN, and the CDN dollar at that time was worth more than the USD.
So CCBill charges customer $10.57 in a currency worth MORE than USD, and then pays you $9.99 (minus CCBill fee).
Whose getting the extra $0.60?
Nobody has been able to answer this question for me.
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It must be on some type of average.
because without "Regional Billing" activated the CAD or EURO transaction will always = what you have the US base price set to.
Even rebills.
If the value of the CAD drops the next month the members card is hit up for more the next rebill or less depending.
Without Regional Billing activated this disclaimer shows up on my forms:
Any subsequent (future) charges will be billed in the above selected currency, and are subject to adjustment (adjustments are based on the selected currency value = to US Dollars), at the time of each subsequent charge.
I'm guessing with Regional Billing activated that disclaimer goes away and the customer gets billed the same amount each time.
Someone from Europe look at Stickys join form and see if the above disclaimer shows up please.