Primefy offers a comprehensive solution that allows you to receive payments from customers in over 150 different countries. This enables you to expand your business to global markets and reach a broader audience without the need to establish a local entity in foreign countries.
Let's explain how the process of receiving international sales with Primefy works:
Currency Selection: One of the advantages of Primefy is that you can choose in which currency you want to receive payments. This provides flexibility and control over how you manage your international finances. You can choose to receive payments in currencies such as US Dollar (USD), Euro (EUR), British Pound (GBP), and many others.
💡 It is possible to receive in your chosen currency as long as you maintain a bank account
associated with your individual or legal entity, where you are the beneficiary of the sales
transaction, and it complies with all regulations established in the Anti-Money Laundering Policy,
anti-corruption measures, as well as the Primefy Terms and Conditions.
Credit Card Payment: To facilitate international transactions, Primefy allows your customers to pay via credit card. This is convenient for them, as most customers worldwide have internationally accepted credit cards.
Direct Conversion by the Credit Card Acquirer: When an international customer makes a payment, the currency conversion is done directly by the credit card acquirer. This means the customer pays in their familiar currency, and the conversion to the receiving currency you chose is handled automatically. This streamlined process helps reduce any friction in international payments.
Fees and Currency Conversion: It's important to be aware that there may be fees associated with currency conversion and processing international payments. Fees vary depending on the credit card acquirer and the customer's payment policies. Make sure to check these fees to fully understand the costs associated with your international sales.
Transparency and Reporting: Primefy offers detailed reporting features that allow you to easily track your international sales. You can access information about currency conversions, applied fees, and other financial details related to your international transactions.
In summary, Primefy simplifies the process of receiving international sales by offering currency choice, credit card payment, and direct conversion by the credit card acquirer. This flexible approach allows you to reach customers worldwide and expand your business globally.
If you have any additional questions about receiving international payments with Primefy, our support team is available to assist. We are here to streamline your global operations.