Frequently Asked Questions..
Q: Can I bill my customer in other Currencies?
A: No you cannot. For those that use the normal Virtual Vendor service and have a merchant agreement with a South African bank or have a Virtual Merchant agreement through which you present the transactions are bound by the currencies that they support. You will have to present your transactions in S.A. Rand and you will be settled in Rand. When the transaction is passed to the cardholders bank for settlement it will be converted to the cardholders currency during the process. Any change in amount caused by a variation in the exchange rates will be absorbed by the bank.
<< Back