We are having the same issue.....we need to have our CAD sales connected to our CAD bank account and everything else, USD and others, connected to our USD bank account. Otherwise there is a 2% charge on each conversion.
Is there any other workaround to be able to have a single multi-currency site with payouts going to the appropriate bank account? 3rd party solution/app? Gateways?
Hope you're having a great day!
You should check out Shopify Payments Gateway:
As specified by Shopify about Shopify Payments:
Your store uses the following currencies:
Store currency- the currency of your Shopify admin and your reports. For example, this is the currency that you use when you set prices for your products. Although your payouts can only be in your local currency, your store currency can be any that are listed in the currency selector in your store settings. See Changing your store currency for more information.
Payout currency- the currency that Shopify Payments uses when it deposits money into your bank account. Your choice of payout currency depends on the location of your store. Your payout bank account needs to be located in the same country as your store. For example, if your store is located in Canada but you want to be paid in USD, then you need a USD account that is based in Canada.
This is Jason from OpenPath and we are a Shopify Partner that have a solution that can do exactly what you are looking for called OpenPath Payments (OpenPath Payments - Customizable Payment Experience | Shopify App Store). Essentially, we act as a gateway and can connect your checkout to two or one hundred different processors and banks and use business logic to determine where that transaction should be processed. We have hundreds of rules available, so we could split transactions based on Currency, Shipping location or even Credit Card Issuing Country.
We have tons of features available for Shopify, you can checkout the list at: Shopify » OpenPath.
Hope this helps!
Hi Jason, there's no pricing information on your store listing, your demo store only shows one currency, and your website is giving an error.
Please update with accurate contact information. Thanks.
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