A Guide of How to Accept Multiple Currencies in WooCommerce

If you have an online store and you are the owner of the store then you need to grow your customer base. There is one way to start selling globally. In short, almost 93% of retailers accept international payments and offer international commerce. Because of this reason, you will have to set up your online store to accept multiple currencies in Woo Commerce.

Core WooCommerce Currency Features

WooCommerce comes pre-installed with a payment processing system. It allows owners to process payments through PayPal, Stripe, Check, and Bank transfer. It makes it easy to update products and manage orders.

Furthermore, you can add as many products as you like to your store, complete with product photographs. After that, you may organize your products and add ratings and reviews to increase engagement.

Because WooCommerce is a WordPress Development plug-in, you can be sure that your store will be SEO-friendly right out of the box. It also supports a large number of plug-in and extensions, allowing you to extend the main functionality.

Enabling Multi-Currency Options in WooCommerce

You have to enable multiple currency options in WooCommerce to sell products globally or in different currencies. If a customer is familiar with the British pound then they will see the product price in the British pound but not in the standard USD currency.

When clients buy from an international eCommerce business, you don’t want them to have to figure out their own exchange rate, fees, and taxes. Abandoned carts and bounce rates may rise as a result of this. By displaying the product price after calculating the exchange you will be able to go the shopping experience for international customers on your WooCommerce store.

There is only one problem with Woo-commerce by default it only allows you to offer one base currency at a time on your online store. However, WordPress and woo commerce are extendable it means that you are not limited to the currency of the country you ate operating it.

Benefits of using Multi-Currency in WooCommerce

Multi-currency choices for all of your WooCommerce products are a terrific way to improve the buying experience for all types of customers. International customers will feel at ease browsing your products and putting them to their shopping basket without having to worry about conversion rates, fees, or taxes.

This is a good way to offer your WooCommerce products to all types of customers in their preferred choice of currency. Based on the country you can show currency to the customers.

Options Available for Multi-currency

You can show currencies based on the country where your customers are situated by using a multi-currency switcher. It is important to show customers the correct price formats for avoiding confusion between the same currency symbols. Canadian shoppers indicate the “$” sign as their local Canadian dollar currency while shoppers from the US might think that the price are in US dollars.

You may also display customers the right exchange rate by using multi-currency, which updates pricing for all WooCommerce products on your online store instantly. You will not be responsible for manually changing prices.

Accepting Multiple Currencies in WooCommerce

When a consumer adds a product to their cart with WooCommerce’s multi-currency enabled, they will see the product’s pricing in their own currency. After then, the exchange rate is used to calculate the proper price on the fly. Customers can then pay in their selected currency after the prices have been converted at checkout.

Use Payment Gateways by Currency or Country

Payment gateway can be display by currency or by the country on the WooCommerce store. It means that you can provide a payment gateway based on the currency or the country that your consumers are familiar with.

It can help attract new site visitors and incentivize all the types of customers to buy from the WooCommerce store. This is a good way to boost sales and enhance the shopping experience on your ecommerce store.

Let’s see some free multi-currency switchers for WooCommerce:
• YayCurrency
• Currency Converter Widget
• Price Based on Country for WooComerce

It enables store owners to add an unlimited number of currencies and place a currency switcher anywhere in their store. It also allows you to geolocate users so that pricing are automatically shown in their country’s currency.

Price Formats

Changing the WooCommerce default pricing format allows you to show prices in the proper format for the many currencies accessible on your eCommerce site.

This is useful if your WooCommerce store accepts a variety of currencies. For example, displaying US dollars with two decimals is correct, but the same price format cannot be used for the Japanese Yen. Instead, you could want to delete the two decimals and present pricing in Japanese Yen in a different style.

Add Custom Currencies

If your favorite currency isn’t listed in the WooCommerce default settings, you’ll need to add more currencies to your business.

This way is the best way to enhance the shopping experience on your WooCommerce store while it also makes it convenient for you to receive payment in your preferred currency.

You may also modify the currency symbol and location in your store with the Custom Currency for WooCommerce plug-in. You may also use this plug-in to create a new custom currency type. It’s quite simple to set up and is ideal for anyone looking to add a currency option to their store.

WooCommerce’s ability to accept several currencies is critical for serving a worldwide customer base. Customers from all around the world will be able to explore your WooCommerce products, add items to their carts, and pay in their own currency.

Conclusion

This is all about the “A Guide of How to Accept Multiple Currencies in WooCommerce” I hope this article will help you to understand, How to accept multiple currencies in WooCommerce. If you are looking for highly professionals for WordPress Development then hurry up and contact JHK InfoTech. We are providing the best services for WordPress Development, Website Development, Ecommerce Development, and many more. If you like this blog then please give us your feedback and stay tuned for upcoming blogs.