Freemius infrastructure fully supports multi-currency transactions. Currently, we support 3 currencies:
$U.S Dollars (Default)
More currencies will be added based on demand. If you are processing high volumes from a specific geolocation that uses a particular currency currently not supported, please contact our support.
Who can benefit from multi-currency the most?
Accepting multiple currencies is particularly valuable for European sellers, who generally have a major chunk of their customers based in Europe. It may not be the best decision for developers that get their earnings paid in
USD, due to the additional FX conversion rate costs from
USD, however, accepting your customers’ local currency can have a positive impact on conversion rates, so the trade-off there is your decision.
How to start accepting multiple currencies?
- Log in to the Developer Dashboard.
- Open any of your paid plans that you’d like to offer in an additional currency.
- In the plan’s config you’ll find a new dropdown labeled Add Currency.
- Click it and select the desired currency:
This will replicate the
USD prices, which then you can change as you desire.
Due to logistical reasons, GBP currency is currently not available from the Developer Dashboard, but if you are particularly interested in transacting with GBP, please contact us explaining the use-case.
How to automatically open the checkout with a non-USD currency?
We introduced a new
Can users change the currency during the checkout process?
After setting up multiple currencies in the Developer Dashboard, corresponding prices will automatically appear as a dropdown in the WP Admin Dashboard pricing:
Additionally, a dropdown overlay appears at the top right corner of the checkout page:
Are there any additional fees/costs for selling with non-USD currencies?
We don’t take any additional fees for processing foreign currency transactions. On the contrary, we’ve structured the Freemius platform to minimize the cost of gateway fees by opening bank accounts in Europe, making it even cheaper than it would be for most plugin sellers in some cases. For example, the gateway fee for
EUR transactions processed with a European credit card is now only 1.4% + €0.25. That said, if you like to get paid in
USD, there are naturally going to be Foreign Exchange conversion costs involved since we’ll need to convert the
EUR earnings into
USD. We can provide those details at the time of payout, upon request, but the bottom line is that we don’t profit from foreign exchange in any way.
Can I get my earnings in multiple currencies?
Yes you can! If, for example, you are selling your product(s) both with
EUR you can get your
USD earnings into one account and
EUR earnings into another (both accounts must be owned by the same legal entity). If you are interested in that option and already processing more than $3k per month through Freemius, please contact our support and we’ll help you set it up.
Can the currency be automatically selected based on geolocation?
This feature is still on our To-Do list. We hope to develop it very soon.
Is it possible to set a non-USD currency as the default for my plugin or theme?
This feature is still on our To-Do list. We hope to build it very soon.