Make money while improving service for your international customers
An Essential Solution For Merchants Everywhere
People from all over the world visit countries in Europe for sightseeing, holidays, business trips, and educational opportunities. Typically, card payments are made in the local currency and converted later to the buyer's home currency; with the cardholder often paying a conversion fee to the card issuer. Now there's a smart alternative: HomePay converts international VISA® and MasterCard® credit and debit card purchases to the cardholder's home currency at the point of sale.
Improve Service For International Customers
With HomePay, your international customers will know exactly what their total purchase is in their
home currency at the time you process the transaction. Conversion rates are typically much more competitive
than those at money exchange booths or hotels. Each receipt shows the purchase amount in your currency, the
conversion rate, and the total amount in the cardholder's home currency. This makes it simple for travellers
to reconcile purchases when paying card balances. HomePay from NXGEN Services supports more than 40
currencies from around the world, including:
- British Pound
- Danish Krone
- Euro
- Polish Zloty
- U.S. Dollar
- Swiss Franc
- Japanese Yen
- South African Rand
- Australian Dollar
- Norwegian Krone
- Canadian Dollar
- Hong Kong Dollar
HomePay Pays You Back
NXGEN shares the income generated by processing foreign transactions by rebating a percentage of the conversion rate to you on your monthly processing statement. The more international business you do, the more you improve your bottom line. Plus because the amount on the receipt matches that on the cardholder's statement, HomePay reduces the number of chargebacks due to unrecognised amounts. NXGEN's HomePay service works with all MasterCard® and Visa® credit and debit cards from countries with supported currencies. Conversion rates are accurate, market-driven, and updated daily. NXGEN's HomePay system operates within the security requirements set by the card schemes.
How HomePay Works
Automatic: HomePay doesn't require your staff to identify
international credit cards and debit cards; the terminal
determines which cards qualify and carries out the whole
foreign exchange process its self through DCC (Dynamic Currency conversion).
Transparent: Each receipt shows the amount in your currency,
the conversion rate, and the amount in the cardholder's
home currency.
Rebate: Funds are settled in your currency, and reports
clearly indicate both currencies. Your monthly statement
shows the DCC rebate earned and will deduct the amount
from your total balance.
Why Choose NXGEN?
- A single provider for all your payment processing and service needs. HomePay it's just one solution in our complete line of payment services - from credit and debit card processing to gift cards and tax-free tourist services; including everything from direct treasury exchange rates and transaction processing, to back-end reconciliation, settlement, funding and support.
- Seamless process - NXGEN's HomePay service is transparent and effortless. Your monthly processing statement will clearly indicate the total HomePay rebate earned and will deduct the amount from your total balance. And, because NXGEN handles the HomePay process from start to finish, you have a single point of contact for all your service needs.
- NXGEN's offers 48 HomePay currencies - more than any other acquirer in Europe. The more HomePay currencies offered, the more additional revenue income you can generate.
- Competitive exchange rates - our rates are accurate, market-driven, and updated daily (no 3rd party).
- Reliability you can count on - With NXGEN and HomePay, you are assured that your transactions will be processed and converted quickly and easily. NXGEN has been offering HomePay services in Europe for many years. Thousands of merchants have provided better service to customers and earned additional income in the process.
