Support Multi-currency for a SaaS solution Hello,
I am trying to figure out how to deal with multi-currency, when charging mounthly for a Software as a Service.
From a marketing aspect, I would love my clients to see a fixed mounthly cost in their local currency, in order to feel comfortable, to be able to plan and be sure that they are always being charged the specific fixed cost.
For the payment process I do not have any blocking issues as I can charge in 4 currecies and I do have 4 bank current account for each currecy.
The matter is that the exchange rate might change in the future and I might face the possibility to get far less amount from a currency than I was expected. Also few customers might not like the idea that other customers from other countries are paying less (when calculating their own currency from the exchange rate).
Could anyone advise me what kind of risks are involved within pricing a single service with fixed prices in muliple currencies?
I do want to keep the advantage of charging with their local currency..
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