Travel payments glossary

Multi-currency pricing

Presenting and capturing prices in multiple currencies rather than a single base currency.

Plain-English definition

Multi-currency pricing is the practice of presenting and capturing prices in multiple currencies rather than a single base currency, allowing customers to see and pay in their preferred currency. It differs from DCC in that the currency choice is made and managed by the merchant, not offered at the point of sale. Settlement can be in the original currency or converted into a base settlement currency on the merchant side.

Why it matters in travel

Travel businesses serving international markets benefit from multi-currency pricing because it improves conversion and removes the perceived FX risk for the customer. The trade-off is the operational work of managing prices, settlement and refunds across multiple currencies cleanly.

A customer paying in their own currency converts at higher rates than one shown a foreign currency at checkout — the data is consistent across travel. The hidden work is in pricing strategy: when a single product sells across five currencies, the rates the operator publishes have to keep up with FX moves without exposing the margin to currency risk.

Travel businesses with mature multi-currency programs reprice on a deliberate schedule, settle in currencies that match supplier obligations where possible, and surface the FX impact at the booking level so finance can see where margin moved. The businesses that bolt multi-currency on without these mechanics often discover they are subsidising their own conversion rate.

How felloh helps

felloh handles multi-currency pricing, payment and settlement at the booking level so the finance picture stays consistent regardless of which currencies a brand sells in.

Connect the dots.

See how payments, settlement, refunds and reporting evidence connect around every booking.