NatWest Markets Securities Inc. (NWMSI) is a registered broker-dealer located in Stamford, Connecticut, USA. Securities business in the United States is conducted through NatWest Markets Securities Inc. a FINRA registered broker-dealer, a SIPC member and a wholly owned indirect subsidiary of NatWest Markets Plc.
FXmicropay is the complete currency toolkit to support your international expansion strategy.
Display local-currency prices to your customers with ease.
Designed to satisfy cross-border pricing requirements and integrate with any process, FXmicropay can help to transform your business.
Cross-border conversion rate is stagnating or accelerating slowly as global cart abandonment has nearly reached 70%.
Display prices and allow payment in your customer’s local currency. Use customised price rounding features to match your pricing strategy.
Show the estimated price in customers own currency. This requires no changes to your current payment process.
Show actual payment price in your customer's own currency. This may require an update to your current settlement process but there is no need to switch payment providers.
Multi-currency pricing results in margin erosion due to exchange rate fluctuations.
We will convert international sales at the original exchange rate used to set the price. This protects your profits against any currency fluctuations.
As markets become more competitive, profit margins narrow, so businesses need to turn to new revenue streams.
A customer’s issuing bank can typically charge them up to 3%. By pricing in multiple currencies you remove this unknown charge for your customer and gain the flexibility to charge this margin as profit.
Accepting multiple payment methods and processing multiple currencies to support and win customers can be expensive.
The rates used for pricing and conversion are based on wholesale FX rates. This can result in potential savings of up to 3.5% in FX costs depending on (among other things) the choice of card processor.
** Application-programming interface
† The cost of the guarantee will vary depending on your requirements such as the tenor of the guarantee you need