Content on multi-currency payment solutions (MCP) for high-risk merchants (iGaming/betting, FX/CFD, crypto/VASP, adult, nutraceuticals, travel). We cover:
MCP vs DCC: local price display and authorization in the shopper’s currency (MCP) vs acquirer-side conversion at checkout (DCC); scheme and consumer-transparency rules, and why MCP typically preserves approval rates better than cross-border + DCC.
FX & settlement models: shopper-currency auth with multi-currency settlement vs auto-conversion to base currency; rate sources, markups, hedging/volatility controls, NDFs for restricted currencies.
Routing & conversion uplift: BIN/issuer-country logic, domestic vs cross-border acquiring, smart routing/cascading by currency, price rounding and caching.
APMs & wallets: currency coverage/settlement nuances (SEPA/Open Banking, PIX/boletos, UPI, Alipay/WeChat, wallets), and fallback strategies when cards are restricted.
Subscriptions & refunds: currency lock vs re-price for renewals; partials and FX deltas on refunds/chargebacks; reconciliation, reports, and per-currency ledgers.
Compliance & UX: PSD2/SCA & 3DS2, price-display transparency, consumer-protection notes on currency conversion, sanctions/geo-controls, and PCI DSS scope.
Suggested outbound resources about Multi-Currency Payment Solutions:
Visa — Operating Regulations & rules on currency conversion
Mastercard — Transaction Processing Rules (cross-border & conversion)
European Banking Authority — PSD2/SCA & RTS
European Commission — Currency conversion transparency (consumer protection)
PCI Security Standards Council — PCI DSS overview
Operating a high-risk business online comes with unique payment challenges. Whether you’re running a nutraceutical brand, a crypto platform, or an adult entertainment website, traditional payment processors often shy away from onboarding your business. To ensure uninterrupted operations, you need to secure a high-risk merchant account and a specialized payment gateway tailored for your needs.
Crypto on-ramps and crypto off-ramps serve as critical infrastructure for businesses operating in high-risk sectors like iGaming, crypto businesses, forex trading platforms, and dating services. Understanding these gateway mechanisms is essential for seamless operation and regulatory compliance in industries that often face heightened scrutiny from traditional financial institutions.
In the dynamic world of iGaming, where global transactions occur around the clock, the ability to manage multiple currencies efficiently is crucial for business success. Multi-currency IBANs represent a transformative solution for iGaming and Betting companies looking to streamline their operations and enhance user experience. Here, we explore the advantages of multi-currency IBANs and how having an integrated IBAN and checkout solution from the same payment provider can significantly benefit iGaming businesses.
The Benefits of Multi-Currency IBANs for iGaming Companies Read More »
The landscape of Europe’s instant payments system is undergoing a rapid transformation, ushered in by the SEPA Credit Transfer (SCT
Getting Up to Speed with Europe’s Instant Payments Read More »
