Shopify's Multi-Currency Guide
Shopify's "Sell in multiple currencies with Shopify Payments" (in short: Multi-Currency) is a long-awaited feature introduced by Shopify in August 2019. It's only available for stores using Shopify Payments. Merchants from 16 countries use this feature to let their customers shop and checkout in 133 local currencies.
There are a few things you need to know about Shopify's Multi-Currency:
- only Shopify Plus stores get an automatic conversion to local currencies based on geo-location. This is a feature "democratized" by Vitals and made available to all Shopify stores;
- Vitals Currency Converter was the first app that was integrated with Shopify's Multi-Currency.
Stores not using Shopify Multi-Currency.
The currency conversion is handled by our app and uses the exchange rate provided by the same service Shopify is using for getting real-time rate updates: openexchangerates.org. As we control the currency conversion, we can always control the rounding rules, which you can customize in the app.
Stores using Shopify Multi-Currency
The Multi-Currency feature is only supported when the checkout is being done through Shopify Payments - the currency will not be converted if you are placing the order through a different payment gateway or a third-party app like PayPal. Read more about this.
Selling in multiple currencies is only supported by Shopify Payments. Orders placed using PayPal, or other third-party payment providers are processed in your store currency
Here's a brief side-by-side comparison:
| Feature | Without Shopify's Multi-Currency | With Shopify's Multi-Currency | |
|---|---|---|---|
| local currency enabled in Shopify Payments |
local currency not enabled |
||
| Currency conversion is handled by | our app | Shopify | our app |
| You can customize rounding rules in | our app | Shopify | our app |
| Adding the currency name | possible, in our app | not yet possible | possible in our app |
| Currency displayed on the storefront | local currency | local currency | local currency |
| Currency displayed in checkout | store's default currency | local currency | store's default currency |
| Customers are charged in | store's default currency | local currency if they pay via Shopify Payments* | store's default currency |
| span.money HTML elements | required, appears on all the pages except checkout | not required, doesn't appear on the storefront | required, appears on all the pages except checkout |
* If payment is made via PayPal or a different payment gateway, customers are charged in the store's default currency.