To help you grow your customer An individual or business purchasing your product or service by placing an order through Cleverbridge. The customer is the end user of this product, as they are not allowed to resell the purchased products or services. A customer is unique per client. If a customer purchases products or services from two different clients, there are 2 separate records of said customer. base, Cleverbridge allows your customers to pay using 58 currencies from around the world. We also make it easy to use multiple currencies by supporting Geo IP detection technology, “Nice Price” calculations, a custom international payments solution, and various price-configuration options.
If you would like to learn how to set up currencies, see Account Setup ✱.
Cleverbridge is constantly expanding its currency portfolio. Customers can currently pay using the following currencies:
|Name||Currency ISO Code|
|Hong Kong Dollar||HKD|
|New Zealand Dollar||NZD|
|Peruvian Nuevo Sol||PEN|
|South African Rand||ZAR|
Geo IP Detection
When customers see their preferred currency, they are more likely to purchase a product. As a result, our hosted payment pages automatically display a customer’s currency based on their Geo IP location. Customers can also select a currency during the checkout process with the currency drop-down list.
Signup rates are higher when customers see a price in their own currency. After all, a customer in Japan may have no idea what $9.99 is in Yen.
However, relying solely on foreign exchange rates can result in unattractive signup prices. For example, $9.99 converts to ¥1,138.14 based on the current exchange rate.
Using the Cleverbridge subscription commerce platform, you can define “Nice Prices” for each of the currencies that we offer. This ensures that all prices are visually appealing, regionally standard, and well-rounded.
Alternatively, Cleverbridge can define your prices based on the current exchange rate, which is updated in our platform every 24 hours.
International Payments Solution
Cleverbridge's out-of-the-box international payments solution reduces dissatisfaction among international customers. Customers paying with international credit cards do not have to pay foreign currency surcharges in the countries that we do business in. This ensures that the final price for the customer is identical to the price shown in the checkout process. It also results in fewer refunds and discontinued subscriptions.
To maximize your business in regions with economic differences, you may want to define different prices for countries using the same currency. For example, a subscription provider may want to offer a monthly plan of €12.99 in Germany, €9.99 in Ireland, and €7.99 in Greece. You can easily do this with our Price Rules feature.