VAN · An offer to win stores
Combine FX risk management with international card fees that account for profitability and currency choice at the terminal.
ReverseFXVAN·PG · Adoption guide
Manage FX risk through ReverseFX to design more reasonable international card fees while preserving profitability. Use competitive fees to win merchants.
FX exposure from international card payments
Keep VAN and PG profitability in view
Make your offer with more reasonable fees
WHY PARTICIPATE
Combine FX risk management with international card fees that account for profitability and currency choice at the terminal.
Offer reasonable international card fees that protect profitability, together with USD amounts and currency choice at checkout.
Assess the potential to lower international card fees alongside customer currency choice, while receiving settlement in KRW.
Availability and adoption terms are confirmed for your payment environment.
BEFORE YOU START
International card transactions · Fees · FX risk
FX risk management · Fee adjustments · Profitability
Store and online coverage · Customer guidance · KRW settlement
Review your current international card payment conditions to define merchant fees and the scope of a rollout.
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.
For all merchants, including hotels, cancellations and partial cancellations within nine days of authorization use the original transaction exchange rate. This applies to ReverseFX USD authorization and cancellation amounts. Card issuer fees or conversion into another currency are separate. Industry-specific cancellation charges, such as hotel cancellation fees, also apply separately. Handling after nine days is defined in the agreement.
Tell us about your current payment provider, terminals and online checkout environment. Our team will explain the adoption scope and next steps.
Partner integrations and pilots are in preparation. Availability, fees and settlement schedules are finalized after agreement and validation.