Accept & Settle in 30+ Currencies
Remove currency friction from international commerce. MAGNETPAY's multi-currency payment infrastructure provides real-time FX conversion, global currency accounts, and local payment methods so your customers always pay in their preferred currency.
Popular Supported Currencies
Plus 18+ additional currencies. See full list in docs.
Multi-Currency Payment Infrastructure
Accept payments globally, settle locally. MAGNETPAY makes multi-currency commerce as simple as single-currency processing.
Real-Time FX Rates
Institutional-grade exchange rates sourced from a network of liquidity providers. Rates refresh every 30 seconds with transparent markup you control.
Automatic Conversion
Accept payments in your customer's local currency and settle in your preferred currency automatically. No manual FX operations required.
Global Currency Accounts
Hold balances in 30+ currencies simultaneously. Receive funds in local currency, convert when rates are favorable, or settle directly without conversion.
Local Payment Methods
Accept payments through local methods preferred by customers in each market: UPI in India, iDEAL in Netherlands, PIX in Brazil, and many more.
Rate Lock Guarantees
Lock exchange rates for configurable windows during checkout. Customers see exact amounts in their currency with no surprises from rate fluctuations.
FX Analytics Dashboard
Track conversion costs, rate history, and settlement amounts across all currencies. Export reports for treasury management and financial reconciliation.
How Multi-Currency Payments Work
Enable multi-currency payments in minutes. Configure once, accept from anywhere.
Configure Currencies
Enable the currencies you want to accept and settle in. Set your base currency, markup preferences, and auto-conversion rules in the dashboard or via API.
Accept Local Payments
Customers pay in their local currency using their preferred payment methods. Our checkout automatically detects the customer's region and presents relevant options.
Automatic FX Conversion
Received funds are converted to your settlement currency at real-time institutional rates. You can also hold multi-currency balances and convert manually.
Settle in Any Currency
Receive settlements in your base currency or any of the 30+ supported currencies. Schedule settlements daily, weekly, or on-demand to optimize your treasury.
Multi-Currency API in Action
Accept a payment in EUR and settle in USD with automatic FX conversion and rate locking.
curl -X POST https://api.magnetpay.org/v1/payment-intents \
-H "Authorization: Bearer sk_live_..." \
-H "Content-Type: application/json" \
-d '{
"amount": 8500,
"currency": "eur",
"settlement_currency": "usd",
"payment_method_types": ["card", "sepa_debit", "ideal"],
"customer": "cus_EU_8xKm3pNq",
"fx_lock_minutes": 30,
"metadata": {
"order_id": "ord_eu_7291"
}
}'{
"id": "pi_eu_9mNx3k",
"status": "requires_confirmation",
"amount": 8500,
"currency": "eur",
"settlement": {
"currency": "usd",
"estimated_amount": 9231,
"fx_rate": "1.0860",
"rate_locked_until": "2026-03-25T13:00:00Z"
},
"payment_method_types": ["card", "sepa_debit", "ideal"],
"client_secret": "pi_eu_9mNx3k_secret_..."
}Multi-Currency Payments FAQ
What are multi-currency payments?
Multi-currency payments allow businesses to accept and process transactions in multiple currencies from customers around the world. MAGNETPAY supports 30+ currencies with real-time FX conversion, letting customers pay in their local currency while you settle in your preferred currency. This eliminates friction for international customers and can increase conversion rates by 10-30% compared to forcing a single currency.
How does MAGNETPAY handle foreign exchange conversion?
MAGNETPAY sources FX rates from a network of institutional liquidity providers, refreshing every 30 seconds. When a payment is received in a different currency than your settlement currency, conversion happens automatically at the current rate plus your configured markup. You can also disable auto-conversion to hold foreign currency balances and convert manually when rates are favorable.
What local payment methods are supported?
MAGNETPAY supports local payment methods across major markets: UPI and Netbanking in India, iDEAL in Netherlands, SEPA Direct Debit in the EU, ACH and wire transfers in the US, PIX in Brazil, OXXO in Mexico, Konbini in Japan, and cards globally (Visa, Mastercard, Amex). New methods are added regularly based on market demand and transaction volume.
Can I hold balances in multiple currencies?
Yes. MAGNETPAY provides multi-currency accounts where you can hold balances in any of the 30+ supported currencies simultaneously. This is useful for businesses that pay suppliers in foreign currencies, as you can avoid double-conversion costs by receiving and holding funds in the same currency you need to disburse. Balance management is available via API and dashboard.
How does rate locking work during checkout?
When a payment intent is created with a currency different from your settlement currency, MAGNETPAY locks the exchange rate for a configurable window (default 30 minutes). The customer sees the exact amount in their local currency, and you receive the guaranteed settlement amount regardless of rate movements during the checkout session. This protects both parties from volatility during the payment flow.
Related Payment Features
Go Global with Multi-Currency
Stop losing international customers to currency friction. Accept 30+ currencies with transparent FX rates and settle in the currency of your choice.