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Overview

Reach more American Express Cardmembers in more countries.

170 countries to be precise. Multi currency processing is your business’ passport to reach more American Express Cardmembers in more countries around the world.

With multi currency processing you can expand your online business to untapped countries by enabling global Cardmembers to purchase your goods in their local currency, giving them the convenience and confidence of knowing exactly how much they are paying in their local currency.

Download an overview of multi currency processing.

Key Benefits

Reduce the challenge of managing payments around the world.

  • Reach more American Express Cardmembers around the world and grow your revenue by accepting American Express® Card transactions in 127 submission and 18 settlement currencies*.
  • Flexible payment options to match your business requirements.
  • Greater control with 24/7 online global reconciliation tools.
  • Efficient foreign exchange management through automatic currency conversion helps reduce costs.
  • Greater incentive and confidence for American Express Cardmembers to buy your products in their local currency.
Why It Works

Tell the world you’re open for business.

Expand your online business to untapped countries, reaching a greater number of American Express Cardmembers, while avoiding the expense of maintaining a physical local presence.

Multi Currency Processing from American Express lets you accept payments from American Express Cardmembers in 127 different currencies across more than 170 countries and receive payments in 18 different currencies.

Download an overview of multi currency processing.

Key Features

Do business the way you want with three flexible payment options designed to work with your existing banking relationships.

  • Local Pay allows you to settle in the same currency as the submission currency and receive payments at your local bank account.
  • Central Pay allows you to settle in the same currency as the submission currency and receive your payment at a single bank with different currency denominated accounts.
  • Cross Currency Pay allows you to settle in a single currency for all your multiple currency submissions and receive a consolidated payment at a single bank account.

Manage your account online day or night with robust American Express Merchant Account management tools and centralised reporting through My Merchant Account/Online Merchant Services (OMS) and/or Electronic Payment Advice (EPA).

  • 24/7 access to electronic statements online and detailed payment information made during specific time periods.
  • Real-time payment reconciliation.
  • Automatic reconciliation feed directly to your general ledger or business management system (EPA).

Take the hassle out of foreign exchange management.

  • Reduce the challenge of handling payments from around the world through centralised foreign exchange management with automatic conversion of submission currencies to settlement currencies*.
How it Works

 

With Multi Currency Processing you can reduce the challenge of managing American Express® Card payments around the world, and increase your reach to American Express Cardmembers globally.

Read more about how multi currency processing works.



*Certain countries may have restricted settlement options.