Foreign Cash

What is this?

The Foreign Cash extension lets you allow for customers to pay in foreign cash, like Euro or US dollar.

How does it work?

Simply define a currency exchange rate between what is your base currency (e.g. "NOK" for Norwegian Kroner) and the relevant currencies you want to allow for paying in.

All sales are fulfilled in the base currency, and so any rounding is done directly on the sale.

Agio and other such things are not taken into consideration, and needs to be handled from within the accounting system.

How do we get started?

Add the various currencies wanted, alongside the relevant exchange rate.

Enable the Foreign Cash payment method in the store(s) where you want to allow for this.

The exchange rates must be administered manually. The reason for this is that practically everyone wants to control the exchange rate themselves, and so then having an automation for import/sync of the exchange rates simply only adds complexity to the platform.