Navigating Multi-Currency Transactions with ValPay
At ValPay, we understand that your business might operate across borders, and we're here to make multi-currency transactions a breeze. Let's explore how you can manage these transactions seamlessly:
Option 1: Single Payout Account for Multiple Currencies
Process transactions in various currencies and receive all payouts in one bank account.
How to Set Up:
Configure Your Account: Set your split configuration to
currency = 'ANY'.Update Payment Methods: Ensure each payment method supports all necessary currencies, such as
['CAD', 'USD'].Create Currency Sweeps: Establish a sweep for each currency, directing them all to your designated payout account.
Option 2: Different Payout Accounts for Each Currency
Process transactions in multiple currencies and receive payouts in separate bank accounts based on each currency.
How to Set Up:
Configure Your Account: Set your split configuration to
currency = 'ANY'.Update Payment Methods: Ensure each payment method supports all necessary currencies, such as
['CAD', 'USD'].Add Transfer Instruments: Provide a transfer instrument (bank account) for each currency, either through your team or with assistance from ValPay support.
Create Currency Sweeps: Establish a sweep for each currency, ensuring payouts are directed to the appropriate bank account.
Need Assistance?
Our ValPay Support team is here to help you set up your multi-currency payouts smoothly. Reach out to us anytime, and let's simplify your payment processes together!