International Payment - FX conversion and fee

Payments + Shipping & Fulfilment
1

Hello, I run a Shopify Store which mainly sells products overseas.

Currently I leverage on Shopify Payment to receive the payment from customers. Most of the customers use credit card which Shopify Payment will incur two charges, first one is a charge of 3.9%, and second directly covert to our local currency with an extra fee of 2% and also at a poor FX rate I believe. I would like to check:

(1) Is there a solution to get rid of the 2% FX conversion fee? Our bank account is a multi-currency account, is it possible to change the setting to prevent the direct FX conversion by Shopify?

(2) As a follow-up to above, I would like to know if a multi-currency wallet (e.g. Airwallex) would also be a good solution to prevent the 2% conversion?
Seems that Stripe / Airwallex / other payment providers also offer a lower charge when customer pay by credit card, but I also saw that Shopify will charge a top-up fee when we integrate this platform (for the payment part to replace Shopify Payment), so it should not be a good idea from the payment angle (to get a rate lower than 3.9%)?

I know the question is a bit long but am bit struggling on this payment part. Thanks in advance!

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Check that: Multi-currency settlement | Stripe Documentation

Stripe supports multi currency payouts, depends on your account country. So if that works for you, you can search third party solutions for Stripe integration.

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Thanks! Would like to ask if I set Stripe as the payout account and do not switch to Swipe as the third party provider for the payment option, will Shopify charge me anything on that?

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If you use Shopify Checkout and a third party payment provider (Stripe payment), Shopify charges an additional commission/fee.

But if you integrate Shopify Stripe Checkout (includes Stripe payment), you do not pay a commission/fee to Shopify.

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