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, and local payments are also offered.
Pricing for Zonos Payments
We match Stripe credit/debit card fees as well as PayPal Express checkout. Stripe’s pricing is 2.9% + 30¢ (+1% for international cards). PayPal’s pricing is 2.9% + 30¢ (+1.5% 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 PayPal or Stripe directly (3.9% CC, 4.4% PayPal).
|Price Per Transaction||$0.30|
|US Credit Card||2.9%|
|International Credit Card||3.9%|
|US PayPal Checkout||2.9%|
|International PayPal Checkout||4.4%|
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.