You can choose the currency used in your marketplace. The chosen currency symbol displays in your marketplace wherever prices are shown or referenced. If you are using the built-in Stripe payment integration, your marketplace currency is the currency in which payments are processed.

You can set your marketplace currency in Console > Build > General > Localization.

You can can select any of the following currencies and use it for transactions with online payments:

If you are not processing online payments on your marketplace (and instead rely on free messaging), you can use any of the following currencies:

Your selected currency is assigned to prices on your marketplace. This shows to your users as the currency symbol displayed with the price.

Under the hood, currency is assigned to a listing is created. This means that currency is stored as a listing data attribute in much the same way price or the title is stored as a listing attribute. The currency attribute of the listing is then referenced whenever listing price is used, such as during search.

During a paid transaction using the built-in Stripe payment system, Stripe uses the currency attribute stored to the listing (typically the marketplace currency) to create the charge. If the charge currency differs from the customer’s credit card currency, the customer may be charged a foreign exchange fee by their credit card company.

When funds are paid out from your Stripe account, they are paid out in the currency of the receiving bank account. The receiving bank account will either be your bank account connected to your Stripe admin account or the provider's bank account that they added with their payout details. If the receiving account uses a different currency then the marketplace currency, Stripe will convert funds held in your Stripe account before paying them out to the receiving bank account.

Any associated fees from currency conversions during payouts are paid for by your admin Stripe account. The fees are deducted from your earnings. Therefore, it is a good idea to make your marketplace currency match the predominant currency of your providers.

Changing your marketplace currency requires several steps. The first step is changing your currency in Console. The second is updating any listings created before the change to the new currency.

Changing your currency in Console means that any subsequent listing created in your marketplace will be assigned the new currency. Listings created after the currency change will therefore take the new currency symbol. Purchases made through Stripe will use the new currency during payment processing.

Changing your currency in Console does not change the currency of listings that already exist in your marketplace. These listings, which now have an outdated currency, can no longer be purchased because their currency attribute does not match your marketplace currency. Payments will not work on these listings.

Therefore, listings with an outdated currency should be closed by the provider or by the marketplace operator. Providers (or operators logged in as the provider) should re-create these listings through the marketplace website in order to assign the new listing attribute.

If you are changing your currency in your Live environment and your marketplace has many listings that would need to be re-created, then please contact our support team to discuss possible solutions. You can reach us any time using the chat widget in the bottom right corner of your Console.

Your marketplace supports payments in any currency that Stripe supports, which is over 100 currencies. However, you can only display prices in the currencies listed above. Moreover, you can only use a single currency symbol in your marketplace at any one time.

If you would like to use a different currency symbol or if you would like to display multiple currencies in your marketplace, then you will need to customize your marketplace with code. Custom development enables features like letting customers choose what currency they see and converting prices across different currencies.