Which currencies are available for processing and settlement at Twispay?
Twispay can process transactions and / or settle amounts (make payouts) in any of the following currencies:
EUR - Euro
USD - US Dollar
GBP - British Pound
CHF - Swiss Franc
NOK - Norwegian Crown (Krone)
SEK - Swedish Crown (Krona)
DKK - Danish Crown (Krone)
RON - Romanian Leu
While you can process payments in any or more of the above currencies, you can choose to have your payouts made in just a subset of those depending on where the biggest portion of transactions are coming from. For example, you can decide to process both EUR and GBP for products on your website, while you can opt in for settlement in any or both of those currencies. If you wish to have payouts made in a different currency than the ones certain payments are processed in, a small FX fee will be applied.
In order to be able to have payouts made in a certain currency, the merchant needs to have a bank account in that currency opened at a commercial bank, where the funds will be trasfered to.