Time is an important resource that each company treasures and tries to transform into a reward. When choosing document management application, pay attention to a clutterless and user-friendly interface that empowers customers. DocHub gives cutting-edge tools to improve your file management and transforms your PDF editing into a matter of one click. Replace Currency in the Settlement Statement with DocHub to save a ton of time and enhance your efficiency.
Make PDF editing an easy and intuitive process that saves you a lot of precious time. Easily change your files and send them for signing without turning to third-party alternatives. Focus on pertinent tasks and increase your file management with DocHub starting today.
[Music] hello David here at merchant accounts dot CA I wanted to tackle the topic of settlement currencies for multi currency transactions this is something that confuses everyone every merchant that touches multi currency transactions at least at the start Erlik how do I set this up what you need to know at a high level is when you process a transaction you can process it in your domestic currency so if youre a Canadian merchant obviously you can process transactions in Canadian dollars if youre targeting our customers in the United States yes you can build them in US dollars so a merchant accounts CA as an example we would give you a US currency merchant account and any time you ran a transaction through your US currency merchant account the customers card is billed in u.s. dollars but this raises a question how do we pay you because youre a Canadian merchant but you billed someone in u.s. dollars what happens next well theres control in fact the obvious thing is we could either
