ReverseFXHotels · Adoption guide

From front desk price guidance
to hotel settlement in KRW

Explain room charges and cancellation amounts on a consistent basis, while your hotel receives settlement in Korean won.

Discuss hotel payment adoption See the funds flow
  1. 01

    Confirm the final room charge

    The confirmed checkout amount

    Separate from deposit preauthorizations

  2. 02

    Guest chooses a currency

    Korean wonKRWPay in KRW
    US dollarsUSDPay in USD
    Review both amounts, then decide

    Choose, then present the card and pay

  3. 03

    Settle and manage cancellations

    KRW settlement · Original exchange rate

    USD cancellations within nine days

Proposed first pilot · Hotel cancellation fees and card issuer fees or currency conversion apply separately.

WHY PARTICIPATE

What changes for Hotels

Show room charges in two currencies

Display the confirmed room charge and the USD payment amount together at the front desk.

A consistent basis for cancellations

Explain cancellations within nine days of authorization using the original transaction exchange rate.

Manage charges and settlement in KRW

Your hotel receives settlement in Korean won, even when guests choose USD.

Availability and adoption terms are confirmed for your payment environment.

BEFORE YOU START

Start the pilot with confirmed charges

  1. 01

    Checkout payments

    Final room charge · Terminal or PG · PMS connection scope

  2. 02

    Verify partial cancellations

    Within nine days · Original exchange rate · USD amount

  3. 03

    Verify settlement and deposits

    Transaction records · Settlement totals · Actual deposits

Start with checkout payments

Review front desk payment and cancellation guidance, together with KRW settlement, within an agreed pilot scope.

Discuss hotel payment adoption See the funds flow

Questions you may have

Are all international cards and currencies supported?

Foreign currency payments start with USD. Supported cards and currencies depend on the integration and adoption stage, so we confirm coverage during consultation. If a card is unsupported after the customer selects USD, we explain this and proceed only if the customer chooses KRW again.

Do merchants have to receive settlement in USD?

No. Merchants receive settlement in Korean won and keep their product prices in KRW. Existing card payment fees follow the payment provider agreement. Payment routes and schedules are defined in the contract.

Will the final card statement amount match the USD payment amount?

ReverseFX shows the USD authorization amount. Your card issuer may charge separate fees, and additional conversion may apply if your card is billed in another currency. Compare the actual terms of your card to assess whether paying in USD costs less than paying in KRW.

Partner integrations and pilots are in preparation. Availability, fees and settlement schedules are finalized after agreement and validation.