E-commerce customers have multi-currency credit card processing.
What if you could enable credit card carrying consumers to purchase via
multiple currencies on your e-commerce site? Whether it be Euro dollars,
Japanese yen, U.S. dollar, Pound sterling, Canadian, or the Greek Drachma,
NetSuite’s newly
launched multi-currency credit card processing (accepting 120 currencies
worldwide) gives NetSuite’s e-commerce customers the ability to literally spend
around the world during this holiday season.
NetSuite’s latest offering represents the integration between NetSuite
and WorldPay, part of The Royal BankScotland Group, the 5th largest banking
group in the world. The result is that NetSuite e-commerce customers can now
accept credit card payments in 120 currencies and receive settlement in any of
14 currencies. Hundreds of companies are exclusively doing business
online—whether business-to-business or business-to-consumer—using
NetSuite-powered Web stores. The NetSuite-WorldPay launch was, according to the
company, “timed perfectly” to help those B2B or B2C customers using
NetSuite-powered Web stores boost their holiday sales bottom line.
Zach Nelson, CEO of NetSuite said, "NetSuite customers wishing to launch
a multi-currency payment function can now realize the enormous benefits of
secure shopping through NetSuite’s partnership with WorldPay. We believe this is
a win-win situation."
With the new multi-currency credit card processing feature, businesses
using NetSuite can host their e-commerce site and display prices in multiple
currencies. This innovation gives shoppers the confidence of knowing exactly
what rubles they’ll have to spend for Uncle Gorbachev’s set of titanium clubs.
Credit card processing for customers is integrated via the Web store checkout
sequence and order entry screens of NetSuite with verification to help protect
against the potential for fraud. The settlement funds are then deposited into
the bank account of their choice in their local currency or, in some countries
in another currency of choice.
"We've been using WorldPay for several years and were excited to learn
that NetSuite was building an integration with them," said Simon Ellson,
managing director of Miglia Technology Ltd, a European manufacturer of video and storage products for
PCs and Apple computers. “We have customers buying our products from all over
the world, and now by using NetSuite and WorldPay together we are able to
present a single, seamless credit card payment process for all customers
irrespective of their location."
Other NetSuite UK
customers using WorldPay include JustOffBase and
Think Again Learning Ltd.