Support » Plugin: WooCommerce Stripe Payment Gateway » Receive payments in Euro in a CA$ Stripe account?

  • Resolved Nick

    (@sarrasn)


    Hi,
    My Woocommerce site is actually setup in Canadian dollar but 80% of my traffic and customers are from Europe. For this reason, I am thinking to change the currency of my site to Euro.
    But to avoid currency conversion problems that would complexify my accounting, I would like to keep my Stripe account in Canadian dollar.
    If I setup my Woocommerce shop in Euro and I change all my prices in Euro on my site, when my customers will make payments in Euro using Stripe, the Euro amount receive in my Stripe account will be converted in Canadian dollar if I keep it as my default currecny in Stripe, right?
    I would prefer to be sure how it works before to make this change.
    Thank you!

Viewing 2 replies - 1 through 2 (of 2 total)
  • Plugin Support dougaitken

    (@dougaitken)

    Automattic Happiness Engineer

    Hey there @sarrasn

    Catching up on the threads in the forum and saw this didn’t get a reply – were you able to find a solution for this?

    If I setup my Woocommerce shop in Euro and I change all my prices in Euro on my site, when my customers will make payments in Euro using Stripe, the Euro amount receive in my Stripe account will be converted in Canadian dollar if I keep it as my default currecny in Stripe, right?

    Yes, that is correct, the amount charged would be in Euros and this would land in your Stripe account as Canadian Dollars.

    Here is a screenshot from my test site:

    Euro purchaser in GBP Stripe account
    Link to image: https://cld.wthms.co/6PSNhf

    That tooltip states:

    You cusotmer was charged in EUR, but we’ll transfer the funds to you in GBP.

    So in short, customer pays in Euros, your bank account received a payout from Stripe in Canadian Dollars.

    Since this answers the query, I will mark this thread as Resolved for now, but please do open a new one if you need any more help!

    Thanks,

    Thanks!

Viewing 2 replies - 1 through 2 (of 2 total)
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