Using FX to Your Advantage

Olann Kerrison -- Worldpay


Foreign exchange, or FX, is the conversion of one currency to another. This presentation examines why and how exchange rates fluctuate, and how transactions differ when cardholders pay in a foreign currency versus a local currency. Scenarios are used to help illustrate settling in non-local currency and the benefits a multi-currency pricing strategy can offer to consumers. The review closes with several points to consider in creating an international pricing strategy, including hedging.

Using FX to Your Advantage

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