I haven't yet implemented regional pricing for my sites. Have been weighing the pros and cons in for some time. Definitely some good discussion going on in this thread.

Hi corvette - This still doesn't say what is happening to the $0.60 cents? If he explained things wrongly, it might be best to clarify? Otherwise I have the same question as him? It's great people are making more money, and it makes sense, but it doesn't necessarily make full sense if money is missing when paid?

Matt

I think I answered it.

If it's not a regional billing sale the exchange rate is taken into effect at the 1st signup. Then when he rebills a month later the customers card will billed again (more or less) depending upon the exchange rate. The customer will always be billed in his currency the equivalent of what the membership is in USD.

This has to change each month.

"Thus is subject to adjustment"

as it states in the disclaimer on the signup page that I have posted several times.

Since the exchange rate varies all the time they cant switch it daily or hourly so they must have it set as an average for the previous month or something of the sort. Then when the next month rolls around it resets and will average out over time.

Any subsequent (future) charges will be billed in the above selected currency, and are subject to adjustment (adjustments are based on the selected currency value = to US Dollars), at the time of each subsequent charge.

but you are right it seems too high. $2.00 too high.

Like right now I show that my 29.95 membership shows 31.94 canadian

at this time and rate

Live rates at 2008.07.15 00:10:13 UTC
1.00 USD = 1.00653 CAD
United States Dollars Canada Dollars
1 USD = 1.00653 CAD 1 CAD = 0.993508 USD

So you are right it seems higher than it should be.

Because it hasn't varied that much over the past months:

January
1.00984 CAD (23 days average)
February
0.998686 CAD (21 days average)
March
1.00294 CAD (21 days average)
April
1.01372 CAD (22 days average)
May
0.998805 CAD (22 days average)
June
1.01662 CAD (21 days average)
July
1.01498 CAD (10 days average)

http://www.x-rates.com/d/CAD/USD/hist2008.html

It just feels like there may be funds that members are paying that should maybe eventually be paid to the paysite after a hold-back period to take into account fluctuations or something? I'm not getting my brain into the math part of this very much.. maybe someone else cares to. :)

These are interesting graphs

Check out the Euro to Dollar Graphs for 2007 and 2008

Scary.

http://www.x-rates.com/d/USD/EUR/hist2007.html

http://www.x-rates.com/d/USD/EUR/hist2008.html

soon they will change name of USD to Peso