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Show Me the Dinero
By Robyn Greenspan
June 6, 2001

If your e-commerce site wants to take advantage of the global capabilities of the Internet, then you'll need methods for accepting international payments. Currency exchange rates change quickly so it is important that transactions are processed before extreme fluctuation. With currency conversion solutions from E4X, e-businesses can sell to international customers, finalize prices and collect payments in a relatively easy manner.

Both customer and e-business owners benefit from the immediacy of this solution. Global customers get to enjoy shopping in an environment that uses their native currency and they can see the final price based on the exchange rates at the time of purchase, rather than waiting for a statement or invoice. Merchants can easily and seamlessly conduct business and receive payments in their currency of choice. Additionally, e-commerce site owners using E4X will have the ability to create currency transaction reports, stabilize and control pricing and conversions and reduce the risk of accepting multiple currencies.

The solution is dually hosted -- the E4X Enabler software is installed at the merchant site and the E4X Engine resides on the E4X server -- and the components communicate via a Web-based interface. The E4X solutions are easily integrated with most Web-building and e-commerce environments, allowing for online transactions using 22 different currencies.

E4X claims compatibility with all major credit card companies and other online payment systems such as e-checks and e-wallets and transactions are processed without interference or interruption. Returns and cancellations are handled according to your company policy.

Multiple currency payment transactions are only one part of the e-commerce globalization process. Read these articles for some more insight on how to make the world your customer:
A Worldly Presence
Globalization of E-commerce: Are You Ready?
E-Commerce Success: Building a Global Business Architecture

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