Nochex Launches Innovative Multi-Currency Account

LEEDS, U.K. - March 10, 2015 - PRLog -- Ecommerce is becoming increasingly globalised. Consumers love to shop around and falling delivery costs mean they can look abroad when finding the best deals. Retailers can benefit from targeting foreign customers but it is easy to make mistakes when taking a brand abroad. As well as language barriers there are cultural barriers that make adapting to a new market a delicate task.

Marketing Coordinator at Nochex, Alistair Mason spoke on the difficulties of turning a local business into a global business:

“When a store starts exporting in a new market it is the little things that can make a difference. Of course language is important. A badly translated webpage can cost sales. It is useful to present information to a consumer in their own language but doing a botch job on the translation will damage credibility. It is best to find someone who is fluent and get them to do the translation for you. That will save a lot of hassle and lost sales volume in the future.”

Nochex’s Multi-Currency Account is a useful feature for merchants looking to export. This unique solution has never been offered by Nochex before and opens up a range of possibilities for Merchants who buy and sell in multiple countries.

Nochex just announced it will now be accepting applications from European merchants wishing to set up an account. Now they have a new account facility to go hand in hand with this European expansion. Nochex account holders can take payments in any currency and either convert them into pounds at the point of purchase or hold them in their original currency in their Nochex Merchant Account.

Peter Lyster, Marketing Manager at Nochex, told us about the benefits of this new service:

“The multi-currency accounts are an innovative idea that are really helpful to merchants who export.  A merchant who exports to America and also has American suppliers can now hold dollars in their Nochex account and use these to purchase from their suppliers without having to incur expensive exchange fees. Being able to take payments in different currencies is also a great help to customers who feel more comfortable making a purchase if they can use their own currency.”

Read more about the Multi-Currency Account here: https://www.nochex.com/prod/multi-currency-payments/

###        END       ###

About Nochex
Nochex is a European provider of online payment solutions that is trusted by businesses and consumers around the world to process their payments. Small and medium-sized enterprises use the Nochex payment solution to simplify how they accept and settle online credit and debit card payments. The Nochex payment service helps businesses start trading quickly and safely. Being an independent provider has allowed the company to support tens of thousands of merchants around the UK across a wide range of industries.

For more information about Nochex visit www.nochex.com

Notes to editors

1.       For more information contact Alistair Mason, Marketing Coordinator at Nochex. Telephone 0113 346 6205; Email: ali.mason@nochex.comor marketing@nochex.com

2.       Address: 103 Clarendon Road, Leeds, LS2 9DF

3.       Nochex Limited (and its trading name Nochex) is privately held and a registered Electronic Money Issuer with the Financial Conduct Authority

4.       Nochex has thousands of customers throughout the UK and Europe who use the internet to buy and sell goods and services.

5.       Established in Leeds, West Yorkshire in 1999, Nochex processed its first payment in 2001

6.       Nochex operates 24/7. Office hours are 9am-5:30pm Monday – Friday

7.       Images available (Nochex logo)