5 Tips for Merchants on How to Choose a Payment Service Provider

4. Global currencies: The internet knows no borders, so you may be conducting business with international buyers sooner than you think. See which payment processors accept payments in all major global currencies — not just two or three, but a host of different coinage that allows anyone from anywhere to enjoy your products or services. The best processors automatically detect what country a customer buys in via geolocation. Premier payment services also present your payment screen in the native currency of the buyer, calculated to the correct price through exchange rates. Also, be sure to ask what fees are associated with currency conversion for cross-border transactions.