iOffer.com Adds Currency Conversion to Localize International Transactions

Dec. 15, 2008 - PRLog -- San Francisco, CA -- Year after year, the amount of online shoppers have increased. Websites are open 24 hours a day, saving time, gas, and money. Items are always in stock, with more deals and less crowds. Online retailers found this viable way to bring international buyers and sellers together. With its new currency conversion feature, iOffer.com continues to foster the development of international relations in localizing online transactions.

When international visitors come to iOffer.com, all prices will be automatically converted from U.S. dollars to an estimated amount in their local currency. For example, a British buyer will see prices in pounds (GBP) while an Italian seller will see prices in Euros. However, all negotiations and transactions will still be completed in U.S. Dollars.

Utilizing one standard currency in negotiations and transactions ensures the accuracy and understanding of a deal by both parties. It helps to prevent possible disparity between daily exchange rates. To help buyers determine a fair offer price in U.S. dollars, a currency estimator estimates the offer price in their local currency. This approximation provides a better perspective of an item’s value locally, assisting international shoppers with their offers and counter-offers.

Currency conversion is part of iOffer's internationalization efforts, catering to consumers worldwide. As a universal online marketplace, iOffer seeks to provide the best venue to accommodate a diverse membership base--within the United States and overseas. In engaging its members to establish and cultivate international relationships, iOffer remains at the forefront of providing a welcoming online community for enjoyable online shopping experiences.

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About iOffer, Inc.

iOffer, Inc. is recognized as a leading alternative online marketplace worldwide. Since 2001, iOffer has been changing the way online transactions are conducted, providing a safe and friendly community for its members to buy, sell, and trade through open negotiations. iOffer believes that active communication and interactions are keys to the success and enjoyment of their members. For more information, please visit www.ioffer.com.