What payment processing software handles international payments and multiple currencies?

Many payment processing software solutions are designed to handle international payments and multiple currencies, catering to businesses with a global customer base. Here are some of the top contenders:

1. **Stripe:**

* **Strengths:** Highly developer-friendly with robust APIs, supports over 135 currencies, available in dozens of countries, offers local payment methods (e.g., iDEAL, Sofort, WeChat Pay, Alipay), strong fraud prevention tools, and excellent for subscriptions and marketplaces.

* **Best for:** E-commerce businesses, SaaS companies, marketplaces, and any business looking for a modern, flexible, and scalable solution.

2. **PayPal (and Braintree):**

* **Strengths:** Widely recognized and trusted by consumers globally, supports over 25 currencies in over 200 markets. PayPal Business offers various tools for invoicing, recurring payments, and online checkout. Braintree (owned by PayPal) is more developer-focused, offering advanced customization and supporting a wide range of payment methods and currencies.

* **Best for:** Businesses of all sizes, especially those leveraging PayPal's brand recognition, and developers needing a flexible gateway (Braintree).

3. **Adyen:**

* **Strengths:** Enterprise-grade solution, known for its unified platform that connects directly to card networks worldwide, offering superior authorization rates. Supports a vast array of global and local payment methods and currencies. Excellent for large, international businesses with complex needs.

* **Best for:** Large enterprises, global retailers, and businesses with high transaction volumes and a need for deep customization and analytics.

4. **Checkout.com:**

* **Strengths:** Another enterprise-focused solution, known for its high performance, flexible APIs, and ability to process payments in over 150 currencies. Offers direct connections to local acquiring banks, which can improve authorization rates and reduce costs in specific regions. Strong in Europe, MENA, and Asia.

* **Best for:** High-growth companies, large e-commerce platforms, and businesses operating in multiple international markets.

5. **Worldpay (FIS):**

* **Strengths:** One of the largest payment processors globally, offering a comprehensive suite of services for businesses of all sizes, from small to enterprise. Supports a wide range of currencies and payment methods, with strong capabilities for cross-border acquiring and risk management.

* **Best for:** Established businesses, large retailers, and those needing a full-service payment partner with extensive global reach.

6. **2Checkout (Verifone):**

* **Strengths:** Specializes in global e-commerce and subscription billing. Offers a complete monetization platform that includes payment processing, subscription management, global tax and compliance, and fraud prevention. Supports 45+ payment methods and 100+ currencies.

* **Best for:** SaaS companies, digital goods vendors, and businesses focused on recurring revenue models with a global customer base.

7. **Square:**

* **Strengths:** While often associated with POS, Square also offers robust online payment processing. They are expanding internationally (currently available in US, Canada, Australia, UK, Ireland, Japan, France, and Spain) and support multi-currency transactions within their operating regions.

* **Best for:** Small to medium-sized businesses that need an integrated POS and online solution, especially those expanding into Square's supported countries.

8. **GoCardless:**

* **Strengths:** Specializes in recurring payments via direct debit. Offers a global network for collecting payments directly from bank accounts in over 30 countries and supports multiple currencies.

* **Best for:** Subscription businesses, SaaS companies, and any business that relies on recurring payments and wants to reduce transaction fees compared to card payments.

9. **Wise Business (formerly TransferWise Business):**

* **Strengths:** While not a traditional payment *processor* for website checkouts in the same way Stripe is, Wise Business is excellent for managing international finances. It allows businesses to hold and send money in over 50 currencies, receive payments with local bank details in 10+ currencies (USD, EUR, GBP, AUD, etc.), and offers very competitive exchange rates.

* **Best for:** Businesses that need to pay international suppliers, receive payments from international clients into multi-currency accounts, or manage foreign currency balances efficiently.

**Key Considerations When Choosing:**

* **Geographic Reach:** Where are your customers located, and which countries do you need to operate in?

* **Supported Currencies:** Which currencies do you need to accept and settle in?

* **Payment Methods:** Beyond credit cards, do you need local payment methods (e.g., SEPA Direct Debit, iDEAL, Alipay, WeChat Pay, Bancontact)?

* **Pricing:** Understand transaction fees, monthly fees, chargeback fees, and especially currency conversion fees.

* **Integration:** How easy is it to integrate with your existing website, e-commerce platform (Shopify, WooCommerce, etc.), or accounting software?

* **Fraud Prevention:** What tools are offered to protect against international fraud?

* **Reporting & Analytics:** Can you get clear insights into your international sales and financial performance?

* **Customer Support:** Is international support available and responsive?

* **Compliance:** Does the processor help with local tax and regulatory compliance?

By evaluating these factors, you can choose the best payment processing software for your specific international business needs.