BigCommerce Equips Merchants for International Growth With Launch of Comprehensive Multi-Currency Features
Merchants can natively present, transact and settle in more than 100 currencies, strengthening the ability to sell cross-border to shoppers around the globe
AUSTIN, Texas—February 5, 2020—BigCommerce, the leading open SaaS ecommerce platform for fast-growing and established brands, today introduced a comprehensive suite of multi-currency features to streamline merchants’ cross-border operations and provide international customers with localized shopping experiences tailored to their native language and currency.
Available now across all plan types at no additional cost, BigCommerce’s multi-currency solution empowers its merchants to natively present, transact and settle purchases in more than 100 foreign currencies through pre-built integrations with leading payment providers Adyen, Elavon, Klarna, PayPal Express Checkout and Stripe. In addition, BigCommerce plans to add support for Barclaycard, BlueSnap and PayPal powered by Braintree in early 2020.
As brands and online marketplaces adapt to the rapid growth of cross-border commerce, a majority of consumers now expect merchants to allow them to pay using their local currency. A worldwide study conducted by PayPal found that 76 percent of online shoppers prefer to have the option to pay for purchases in either their local or preferred currency1.
“In today’s global ecosystem, merchants not only need to have the technical ability to sell in new markets, but also provide international shoppers with a familiar, localized experience,” said Jimmy Duvall, chief product officer at BigCommerce. “BigCommerce’s enterprise-level multi-currency tools allow our merchants to quickly scale into new markets without forcing them to work with just one payment provider.”
Merchants selling cross-border with BigCommerce’s multi-currency solution will benefit from key features that include:
- No extra fees. Allowing customers to check out in the same currency as their bank account or credit card saves them from paying additional fees when shopping cross-border.
- Accurate checkout rates. Currency exchange rates can be refreshed in one click, allowing merchants to give their customers an accurate final cost at checkout.
- Freedom of choice. BigCommerce’s Multi-Currency functionality works seamlessly with leading global payment gateways, allowing merchants to choose the vendor that works best for their business needs in each region.
- Complete control. As an added benefit, enterprise-level merchants can define currency-specific pricing by individual SKUs.
Today’s launch of BigCommerce Multi-Currency is the latest advancement in the company’s ongoing efforts to support merchants investing in international growth. For more information on selling cross-border with BigCommerce, visit https://www.bigcommerce.com/solutions/international/.
1 “PayPal Cross-Border Consumer Research 2018.” PayPal. July 2018.
BigCommerce is the world’s leading open SaaS platform for fast-growing and established brands. Combining enterprise functionality, an open architecture and app ecosystem, and market-leading performance, BigCommerce enables businesses to grow online sales with 80% less cost, time and complexity than on-premise software. BigCommerce powers B2B and B2C ecommerce for more than 60,000 stores, 2,000+ mid-market businesses, 30 Fortune 1000 companies and industry-leading brands, including Assurant, Ben & Jerry’s, Paul Mitchell, Skullcandy, Sony and Toyota. For more information, visit www.bigcommerce.com.
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