Complete Guide: How to accept multiple currencies in WooCommerce?

Complete Guide: How to accept multiple currencies in WooCommerce?

In this blog, we have illustrated the complete guide for How to accept multiple currencies in WooCommerce. WooCommerce allows you to set only a base currency, which means it is single currency by default.

However, few payment processors such as PayPal can accept multiple currencies and exchange automatically your store base currency. There can be few practical benefits of installing WooCommerce multi-currency support. Here are a few of them:

Read More: A Complete Guide on how to increase Your WooCommerce Store Sales?

Some of the Advantages of WooCommerce multi-currency vs Auto exchange

a) Avoid currency misunderstandings

It is the excellent practice to write three character currency code when possible. This is true in case you are in a country using dollars other than the US. For example, the case of strawberrynet.com. They provide currency as “$”.

For many people, this can be interpreted as USD and I left the website after thinking their products are incredibly expensive.

The problem is: The currency HKD was auto-selected for me and with so much going to the page I didn’t notice, thus I interpreted prices as USD.

However, with this multi-currency plugin, you may easily change the currency sign from “$” to the three code letter such as AUD, USD, SGD, CAD etc. Save your customer from possible misunderstanding.

b) Control price display of different currencies

When you are using psychological pricing, so you are the best of settings the rate for various currencies manually rather than the payment processor make an automatic exchange.

For example, say that you are based in the UK and have a product worth GBP49.  A United States customer would be presented the total amount of USD 70.36.

However, this is a separate product would have been more attractive to US customers. In case priced it at USD 69, manual prices are easy to set with many multi-currency plugins for WooCommerce. More than one dollar difference you can increase the price, resulting eventually in more revenue.

c) Exchange currencies when you choose

Currency exchanges are constantly fluctuating and it can make sense for you to accept and keep a fixed currency and exchange it. In case the condition is in your favour rather than always exchanging currencies on the fly.

If your WooCommerce store is set up for multi-currency, then you may keep all the currencies in PayPal and withdraw them in case the exchange price is most favourable.

Best WooCommerce multi-currency plugins

If you are already convinced that WooCommerce multilingual store is the best way to go. Now it’s time to select which software to use to accomplish it.

Here are the most popular WooCommerce multi-currency plugins as shown below!

1. WPML multilanguage and multilingual plugin

This is the most popular plugin to make your WooCommerce store multilingual. Also, WMPL enhances your online store by allowing multi-currency support.

Two major advantages of using multi-currency in your online store:

  • WPML powers more than four lakh WordPress websites. They have been around for the longest and also you can be sure that you are in good hands.
  • WPML is not a multi-currency plugin, but it is a whole suite of software which will allow you to increase internationally by adding support for multilanguage too.

This WPML plugin supports all the features which you would expect from a multi-currency plugin, plus some exclusive ones.

For example, convert the currency depending on the language of the customer. Also, they have a smart rounding option which can automatically make psychological rates.

Pros

  • Best support
  • Most popular plugin
  • Most compatible with other plugins and payment gateways
  • Exclusive feature: changing currency based on language
  • Adds support for multilanguage
  • Exclusive feature: rounding rules for psychological pricing
  • Easy to use and configure

Cons

  • Although it is not a bank breaker, it is in the upper tier of rates. It is charged at $ 79 per year for the license. And then renewal of license cost is $39. The lifetime license cost $195.
  • Although WPML is listed in wordpress.org free of charge, it requires the premium version of WPML in order to work.

2. WooCommerce Currency Switcher by Realmag

Woocommerce currency switcher

You can get basic WooCommerce multi-currency support with this plugin if you are on a budget. This plugin was released in June 2014. And also this plugin has a good track record of sale and updates.

Although, it is not a feature-rich like other WooCommerce multi-currency plugins. This one offers all the things you need to start accepting payments in different currencies with minimal configuration.

Pros

  • Basic multi-currency capabilities
  • Cheapest option

Cons

  • The lack of filtering of payment processor, that is based on currency, which is often used in multi-currency websites.

3. WooCommerce Currency Switcher by Aelia

Aelia is one of the first plugins to enable multi-currency in WooCommerce store. Hence, they have gone through a lot of customization and testing, make sure that the code plugin is robust.

Also, technical support usually answers your problem within a few hours. Thus, you can have peace of mind knowing your purchase will be well supported.

Pros

  • One of the first plugins to enable WooCommerce multi-currency support.
  • Very responsive support.
  • Good set of features

Cons

  • It is a great plugin. Although lacking some features that WPML provides.

Read More: Top 10 WooCommerce Shipping Plugins 2018

Final Recap

When you are thinking about multi-currency in your WooCommerce store, then we always suggest WPML. Because it offers the most features and it has great support. Plus adds multilingual features.

However, the WooCommerce Currency Switcher plugin by Realmag is a good option to start with if you are on a budget.

Consequently, WooCommerce Currency Switcher by Aelia plugin is also a good choice with good features, moderate price, and have great support. If you have any query, don’t forget to let me know in the comment section provided below.

You have also another option of getting help by talking to our WooCommerce Experts as they will guide you promptly to fix all kind of issues. Dial + 1 844 897 0441(Toll-Free).

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