USD Card Acceptance
Learn how to accept USD card payments
Beta testing phaseThis is not the final version of the product, and is still subject to change.
If you are interested in early access to this feature, please contact [email protected]!
Overview
This feature enables the acceptance of USD Card payments from international cards, allowing you to tap into international markets and expand your audience.
Key Features
Reach Global Customers
Accepting USD lets you serve international buyers more easily — especially those accustomed to transacting in a globally recognized currency.
Simplify Cross-border Sales
Charging in USD can reduce currency conversion confusion and align better with international pricing strategies.
Get Paid in a Stable Currency
PayMongo’s USD Card Acceptance simplifies conversions from USD to PHP - our partner bank will process the foreign exchange for you, making it possible to accept payments from a foreign currency while receiving the funds in your local currency.
Fit For...
Common use cases include e-commerce platforms that sell products on a global scale, resorts & travel agencies that accept bookings from non-domestic locations, service providers with international clients, overseas Filipino workers looking to invest in properties back home, and educational institutions with international students. The great thing about this feature is that there is only one minor change that needs to be made to your existing custom API code.
Pricing
For USD Payments, there will be an additional 0.5% on top of the default fees, which are 3.5% + Php15 (+1% for foreign issued cards) per transaction. Transaction fees for cards won't be charged if the payment on hold is canceled before capturing.
For custom pricing, you may check our Pricing Page.
Updated 20 days ago