The Stripe Payments Multi Currency Addon is to be used with the Stripe Payments Plugin to offer multiple currencies to your potential customers. As the site admin, you can choose which currencies you will offer on your site. The currencies you select will then be displayed in a drop down menu on each of your products. The customers can pick a currency from the dropdown and do the transaction in that currency.
If a customer chooses to proceed using a currency other than the default option, they will be charged the conversion fee you state in the settings menu.
Why Offer Multiple Currencies?
Offering multiple currencies on your website extends the range of customers you can potentially sell your products to. Giving your customers a choice of multiple currencies increases the chance of a successful sale.
Example: A Product that can be Purchased Using Multiple Currencies
The product below shows where the currency drop down is situated on each product.
Example: Currency Drop Down Menu
The currencies you have chosen to offer will be displayed in a drop down menu. It is than your customers decision which one they will use to pay for the item. In the example below, the customer can choose from ‘6’ different currencies.
Get the Multi-Currency Addon
Installing the Stripe Multi Currency Addon
Once you have purchased this addon you will be able to install it straight onto your WordPress site.
- Click on the Add New menu under the plugins interface.
- Click on the Upload Plugin button and select the addon zip file.
- Hit the Install Now button and then activate the addon.
Once you have activated this addon, you will notice an extra tab under the Stripe Payments settings menu. This tab is titled Multi Currency. All functions of this addon are controlled from this tab.
Configuring the Setting
Step 1) Click on the Settings menu under Stripe Payments.
Step 2) Select the Multi Currency tab.
Step 3) Mark the Enable Multi Currency to enable this feature on your site.
Step 4) You can choose to customize the Conversion Fee. By default, the conversion fee is set at 2% although you can alter this depending on your needs.
Step 5) To give your customers the option to choose a currency on all products, mark the Show Currency Select Box On Each Product checkbox.
Step 6) From the list of currencies, simply mark the checkbox next to each that you wish to offer your customers. You can choose to select them all or just a number of them.
Step 7) Ensure you Save Changes.
Selecting a Currency Other than the Default Option
Once a customer selects a currency (other than the default option) they will need to click the Apply button. This will reload the page and show them how much the product will cost in that currency. The total amount includes the conversion fee you specify.
This addon uses the current Stripe conversion rate.
Example: Currency Conversion Rate
The default currency of the site below is US dollars. The customer has chosen to pay using Australian dollars.
The normal price of this item is $19.95 USD. This was automatically converted to $26.98 AU when the customer applied the currency. The customer can now simply pay for this item through the Stripe popup checkout.
Currencies Included in the Multi Currency Addon
The Multi Currency Addon for Stripe Payments allows you to select from thirty different currencies. The selection of currencies you choose to offer is entirely up to you. Below is the list of currencies available when using this addon.
- Australia Dollars (AUD)
- Brazilian Real (BRL)
- Canadian Dollars (CAD)
- Chinese Yuan (CNY)
- Czech Koruna (CZK)
- Danish Krone (DKK)
- Euros (EUR)
- Hong Kong Dollar (HKD)
- Hungarian Forint (HUF)
- Indian Rupee (INR)
- Indonesia Rupiah (IDR)
- Israeli Shekel (ILS)
- Japanese Yen (JPY)
- Malaysian Ringgits (MYR)
- Mexican Peso (MXN)
- New Zealand Dollar (NZD)
- Norwegian Krone (NOK)
- Philippine Pesos (PHP)
- Polish Zloty (PLN)
- Pounds Sterling (GBP)
- Singapore Dollar (SGD)
- South African Rand (ZAR)
- South Korean Won (KRW)
- Swedish Krona (SEK)
- Swiss Franc (CHF)
- Taiwan New Dollars (TWD)
- Thai Baht (THB)
- Turkish Lira (TRY)
- US Dollars (USD)
- Vietnamese Dong (VND)
Get the Multi-Currency Addon
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