Why can't Epoch, CCBill, IBill & Co. ...
 

... bill European customers in Euro?

It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar.
But if the Dollar rises they will request to get billed in Euro.

Where is the problem for the processing companies to charge in Euro?

Nobody? Plz :helpme

Hello Slinx,
Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

Warm regards,
--=Chipmunk=--
:thumbsup

Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

I hope that answered your question a little.

Right on, LOL. Good answer!

Right on Validus !!! I think we can conclude thats its really really really complex :)

weve got a lot of EU customers, must say in all those years i never got 1 request of billing in EU, so why do you think they want that ? 20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...

Thanks for the answer. Yes, I can imagine the work for database coding and so on. A lot of Sexmoney's clients are from Europe and you have reacted to the needs of the customers.

I will bookmark this thread and will remember your offer to have a small chat about this issue.
I hope some other webmasters are interested in this theme too.

20 cents? :1orglaugh

I'm interested in a Euro solution. And it's not only 20 cents. At the moment the Europeans pay for a $24,95 signup around 20 Euro. But the times will change and the conversion ratio will drop. Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
And: If you could charge them in Euro at the moment you would have 20% money in your pockets.

:2 cents:

LOL you expect 50% increase in value of US dollar?????

It has much less to do with the database coding, and much more to do with banking procedures and credit card regulations. In order to charge in Euro's, the BANK must charge in Euro's. This typically involves using an EU bank. According to cross-border acquiring rules, the processor, the bank, and the merchant must all be located in the same region. Once you find a bank that will accept IPSP merchant accounts, and bills in Euro's, you THEN have to find one that is willing to bill in Dollars also (since 70%+ of credit card transactions online are in Dollars).

Finding a bank that will do all this is virtually impossible, especially given the complexities of tracking and seperating the origin of the transactions and also conpensating for changing exchange rates in dealing with the Processor. THEN the processor would have to deal with exchange rates in dealing with the merchants, etc, etc, etc.....

The problems become immense.

BTW.....Hi Chipmonk! How are things going with you?:)

Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again :winkwink:

Sperbonzo How the heck are ya man!!!!

Good seeing you out in San Diego

Thanx for the detailed info there.... Much appreciated!

The Laptop Saga is still going... Long long story!

Talk to you soon man!:thumbsup

---=Chipmunk=---

well, that would be a dream also for me, few years back I got for US dollar 50% more, when I think about that and the income I have now...Damn I could be already rich still getting as much. But I hope at least it will be a little better with Kerry, hope he win, please god!

so you are saying that manstream processors have figured this out but adult ones havent

come on if they can do it easily in mainstream considerig they usually take from us it shouldnt be to hard for us to take from them for a change lol

See sig....We can supply processing to almost anything!

Sorry for the delayed post. I have been out of town.

Netbilling can set you up with a Euro merchant account that will bill and settle in Euros This is not a problem for us to do but you must have a Euro corp.

Let me know if you are interested.

Thank you, Mitch Farber

Are there no other 3rd party billing processors located outside of the US other than Verotel?

Why are Euro webmasters always in need of a US based 3rd party processor? Can anybody shed some light? I'm in darkness.

i wanna get paid in euro

us $ is turning into monopoly money

Epoch now process euro dollars. It's on every epoch join from from what I gather. I think they guarantee the rate for 3 months.

VICOARD.COM works with both European and American banks-equirers and accepts international businesses. Having a VIOCARD Merchant Account allows you to accept foreign currencies.

If you are interested, contact our sales representative for more information.

personally, if i was billing in euro and usd, i'd make sure the charge was always the same no matter what the currency. if my site was $19.99 USD, i'd also make sure it was the equivalent price in euros.

it wouldn't make sense otherwise.

That would be sweet!
I'd be very happy if I got more euros for my dollars :)