Multiple currencies
Downpay supports multiple currencies and markets. The pricing behaviour is different depending on how you setup your purchase options.
As an example, let's say you are selling a product in the United Kingdom for £100, and in the United States for $200.
When you setup the deposit amount to be a percentage of the base price of the product, the currency amount will be converted to a fixed percentage regardless of the currency. For a 10% deposit, £100 converts into £10 upfront with £90 of deferred payment, while $200 turns into $20 upfront with $180 of deferred payment.
When you setup the deposit amount to be a fixed number, this number will be used as the deposit in all of the currencies. For a deposit of 20 'currency units', the £100 U.K. product will be sold with a £20 deposit with £80 deferred, and the $200 U.S. product will be sold with a $20 deposit with $180 deferred.
As an example, let's say you are selling a product in the United Kingdom for £100, and in the United States for $200.
Deposit as a percentage
When you setup the deposit amount to be a percentage of the base price of the product, the currency amount will be converted to a fixed percentage regardless of the currency. For a 10% deposit, £100 converts into £10 upfront with £90 of deferred payment, while $200 turns into $20 upfront with $180 of deferred payment.
Deposit as fixed amount
When you setup the deposit amount to be a fixed number, this number will be used as the deposit in all of the currencies. For a deposit of 20 'currency units', the £100 U.K. product will be sold with a £20 deposit with £80 deferred, and the $200 U.S. product will be sold with a $20 deposit with $180 deferred.
Updated on: 24/05/2025
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