The price a customer sees, the currency used for payment and the amount transferred to the business are not always the same field. Combining them into a single total makes it harder for finance to compare a sale with the actual financial movement. MagicPay Multi-Currency preserves currency information from the order through the provider outcome. It connects sales channels using different currencies to one flow and makes collections, settlements and refunds visible with their own amounts and references.
Record every amount with its own currency
Separate displayed prices from payment requests and transaction amounts from settlement records. The customer's amount and currency are established at the start of the sale, and the value sent to the provider is linked to the same order. When investigating a difference, finance can clearly see which field represents pricing, collection or transfer to the business.
- Pricing: the amount and currency the customer sees in the sales channel.
- Collection: the transaction amount and currency sent to the provider.
- Settlement: the amount and currency transferred by the provider, with the related transaction reference.
Use a provider eligible for the currency
Match currencies active on your accounts to the relevant bank and payment institution connections. Payment requests are routed to eligible connections processing that currency. Rules that also consider card and amount conditions let you avoid separate sales applications for different currencies. New connections join the same transaction model.
Keep different currencies distinct in reports
Review transaction and settlement amounts separately using currency filters. Compare provider fees and conversion differences with the relevant financial records. Read sales in different currencies in their own breakdowns rather than an ambiguous combined total. This product manages the relationship between amounts and currencies; conversion and transfer conditions come from your connected provider agreement.
Preserve the original sale's amount relationships in refunds
Full or partial refunds are linked to the original payment currency and provider reference. The sale amount, refund movement and settlement outcome appear at the same investigation point. It suits multi-currency stores, tourism businesses, international services and platforms. Cross-Border Payments manages markets and foreign-card routing, while this product emphasizes the separation of financial amounts.
Introduce Multi-Currency in three steps
Carry currency information from the sales screen to the financial record within the same transaction relationship.
- 1. Define pricing and payment currencies and match them to the relevant provider accounts.
- 2. Configure currency, card and amount rules; test payments and partial refunds.
- 3. Track transaction and settlement amounts in separate fields and give finance currency-level reports.