: How can donations be accepted in international currency and be paid out in USD? I have a client that is a non profit organization in the United States. They currently have a donation button
I have a client that is a non profit organization in the United States. They currently have a donation button (provided by a payment processor company) on their website that only accepts USD. They have more and more supporters in other countries but are not able to accept donations online in other currencies.
How can I enable them to accept donations in other currencies that people will pay for with a local credit card? Will I need to make a relationship with multiple different payment processors for each currency that they want to accept? Will I need to have individual buttons on their site for each country? E.g. "If you're Canadian, click the donation button with a maple leaf on it!" Is there a way to accept the most-used currencies in the world in one fell swoop?
The client is most interested in accepting donations in CAD, GBP and EUR. They also have interest in AUD, MXN and INR. I know that they also reach out to Turkey and Russia, so assume they would be interested in TRY and RUB.
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Some payment processing companies will handle multiple currencies, but in my experience you'll usually have to have a separate merchant banking account for each currency, which means separate monthly fees for each currency. You'll also need to handle selecting the currency and then send them to a page with a suitable parameter specifying the currency to use.
Your client can accept bitcoin donations, there are local exchanges in most major countries. You can have people donate in bitcoin, and your client can trade the coins in for USD in a US based exchange, and obtain USD. Exchange fees are tiny (0.5%), so no donation is lost in fees.
Consider using a service such as PayPal that accepts multiple forms of currency.
I think a company like justgiving.com may be what you're looking for.
They seem to cover most countries, but you may run into legal issues in some places because of local tax rules - so you may be better off only accepting donations in one or two major currencies.
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