Use case summary
Set your FX policy once and Corefy applies it across checkout, payments, and payouts: the rate source per currency pair, your spread, your fee. Every conversion traces back to the rule behind it, and reconciliation matches settlements per currency and per account. Result: finance reports revenue by market without reconstructing the FX after the fact.
- Finance & CFO
- Payment Ops
Where multi-currency revenue loses its shape
Selling in twelve markets means holding twelve currencies. Each provider settles in the currencies its account supports, on its own schedule, applying its own rate at its own moment.
So someone else set the rate that decided your margin, and it is rarely the same rate twice. Revenue booked at the point of sale and cash received at settlement diverge, and the difference has no clear owner inside the business.
Reporting compounds it. Converting everything back into one reporting currency after the fact flattens the detail, so a market can look profitable in the consolidated view while the conversion spread on that currency has quietly eaten the margin.
How to run multi-currency settlement on your own rules
Corefy treats currency conversion as configuration you own: rate sources, spreads, and fees you set, applied consistently to every flow.
- 1
Choose the currencies you price in
Enable the pairs you actually sell and pay out in. The ecosystem covers 200+ world currencies, 170+ cryptocurrencies, and 850+ currency pairs, so coverage grows by default.
- 2
Pick where each rate comes from
Connect the rate source per pair from 17+ available feeds, including central banks, commercial banks, and FX and crypto data providers. Choose fixed or market-linked rates, and whether you price from the buy or the sell side.
- 3
Set your spread and fees
A rate correction multiplier and a fixed fee turn the source rate into the customer-facing rate. Because you set both, the total the customer sees traces back to a number you chose rather than one applied downstream.
- 4
Attach the policy to your payment scheme
An FX scheme links to your payment scheme, so the same rules follow every route you operate, on pay-in and pay-out alike. Adding a route does not mean re-deciding the FX.
- 5
Show the total before the customer commits
Customers pick from the currencies you enable and see the full amount upfront, which is the same thing your finance team will later see in the record.
- 6
Reconcile and report by currency
Statements come in per provider account and currency, balances sync per account, and analytics break volume down by currency and market. You can inspect any single conversion back to the pair, rate, and fee logic behind it.
What you get
The rate source, the spread, and the fee on each pair are numbers you choose.
Margins you set yourself
The spread on every pair is your number, applied the same way each time.
Revenue readable per market
Analytics separate what each currency earned instead of collapsing it into one figure.
Conversions you can explain
Every rate traces to a source, a pricing side, and a fee you configured.
One policy across pay-in and payout
The same scheme governs money coming in and money going out.
94% of cross-border shoppers expect to pay in their own currency
A report on cross-border commerce found that 94% of cross-border shoppers expect to pay in their own currency, and that merchants who do not offer that risk losing more than half of potential buyers. At that rate of expectation, selling in the customer's currency is settled. What is still open is who controls the conversion. Every currency you add is either a policy you govern or a spread someone else sets on your revenue.