Verotel is one of the few truly International Payment Service Providers. With its headquarters in downtown Amsterdam and an international staff, Verotel is experienced in working with different cultures and with different currencies.

Every country has its own level of value: a US Dollar goes further in Thailand for example, than in the United States. Also, the fluctuation of the US Dollar, the Euro and the British Pound may impact your revenue dramatically if you only charge in one currency. Both good reasons to use a multi-currency processing system like Verotel.

With Verotel, you can set subscription rates for your website in different currencies. You are able to charge a monthly subscription for USD 14.95, but also for EUR 14.95!

If your subscriber comes from a country that is part of the EMU (Euro) community, he will pay EUR 14.95. If your subscriber lives in the United States, he will pay USD 14.95.

Currently Verotel supports the following currencies for accepting payments from your customers:

• US Dollar (USD)
• Canadian Dollar (CAD)
• Euro (EUR)
• British Pound (GBP)
• Denmark Kroner (DKK)
• Norwegian Kronar (NOK)
• Swedish Kronar (SEK)
• Swiss Franc (CHF)
• Chinese Yuanrenminbi (RMB) (*)

At the end of the week your Verotel account will show invoices for each individual currency (transaction overviews). You will receive one consolidated payment in the currency of your choice.

Verotel pays out to its merchants in the following currencies:

• US Dollar (USD)
• Euro (EUR)
• British Pound (GBP)

(*) Due to local banking restrictions, Chinese Yuanrenminbi transactions are charged and reported in US Dollars.