Zonos™ Payments can support the processing of global payments in 132 different currencies. Payments are captured in the local currency with a guaranteed USD payout. Local payments are also offered.
Zonos matches Stripe credit and debit card fees.
Stripe’s pricing is 2.9% + $0.30 (+1% for international cards).
Most of the orders with Zonos are paid with non-US, international cards. The effective percentage you would be charged is the same as if you were using Stripe directly (3.9% international credit card).
|Price per transaction||$0.30|
|US credit card||2.9%|
|International credit card||3.9%|
Increase your conversion and give your customers the ability to shop and pay in their own currency. A key reason for cross-border cart abandonment is the inability to pay in the customer’s local currency.
Disadvantages to the customer when capturing payment in USD
- Extra costs upwards of 5% or more in currency markups and credit card fees
- Due to currency fluctuations, customers can lose money on full refunds (e.g. returns or cancellations).
- Customers do not love surprises.
What if I want to continue using my own payment processor?
This option is not available with our Zonos Checkout, but you can tie into our Landed Cost API or if you are using Magento 2 or Shopify, our Duty & Tax plugin is available for integration.
Please reach out to us directly for more information: https://www.zonos.com/contact-us or you can click on the chat bot in the bottom-left corner during our normal business hours (Monday thru Friday, 8:00am - 5:00pm MT).