hazPay
International

International Payments and Multi-Currency Support

Accept payments from customers worldwide with automatic currency conversion, local payment methods, and compliance with international regulations.

7 min read
Last updated: June 2025

Global Reach

ShazPay supports payments from customers in 135+ countries and territories, with local payment methods and currency support for major markets.

North America

Countries:

United States, Canada

Currencies:

USD, CAD

Payment Methods:

Cards, ACH (US only), Digital Wallets

Settlement:

2-3 business days

Europe

Countries:

United Kingdom, Germany, France, Netherlands, And 35+ more

Currencies:

EUR, GBP, CHF, SEK, DKK

Payment Methods:

Cards, SEPA, Digital Wallets, Bank transfers

Settlement:

1-3 business days

Asia Pacific

Countries:

Australia, New Zealand, Japan, Singapore, Hong Kong

Currencies:

AUD, NZD, JPY, SGD, HKD

Payment Methods:

Cards, Local bank transfers, Digital Wallets

Settlement:

2-5 business days

Rest of World

Countries:

Brazil, Mexico, India, South Africa, And 85+ more

Currencies:

BRL, MXN, INR, ZAR, And 120+ more

Payment Methods:

Cards, Local payment methods

Settlement:

3-7 business days

Multi-Currency Features

Automatic Conversion

Customers pay in their local currency, you receive in yours

Real-time Rates

Exchange rates updated every few minutes for accuracy

Transparent Fees

Clear breakdown of conversion fees before payment

Rate Protection

Guaranteed rates for 30 minutes during checkout

International Fee Structure

Card Processing Fees

Domestic Cards:
3.9% + $0.45
International Cards:
4.9% + $0.45 (domestic rate + 1%)

Currency Conversion

Conversion Rate:
2% above wholesale rate
Cross-border Fee:
Included in international card rate

Fee Transparency

All fees are shown to customers before payment completion. No hidden costs or surprises.

Compliance and Regulations

International payments involve complex regulatory requirements. Here's what you need to know:

Business Verification

Enhanced verification for international businesses

  • Government-issued business registration
  • Proof of business address
  • Director/owner identification
  • Banking relationship documentation

Tax Compliance

Understanding tax obligations across borders

  • VAT/GST registration where required
  • Transaction reporting requirements
  • Withholding tax considerations
  • Local business licensing

Financial Regulations

Compliance with local financial laws

  • Anti-money laundering (AML) checks
  • Know Your Customer (KYC) requirements
  • Consumer protection laws
  • Payment service regulations

International Business Best Practices

Price in Local Currency

Show prices in your customer's local currency to improve conversion rates

Display Total Costs

Include all fees and taxes upfront to build trust and reduce abandonment

Use Local Payment Methods

Offer familiar payment options like SEPA, Alipay, or local bank transfers

Consider Time Zones

Account for different business hours when providing customer support

Understand Regulations

Research local laws and compliance requirements for each market

Common International Payment Issues

Card Declined by Foreign Banks

Some banks block international transactions by default for security.

  • • Suggest customers contact their bank before payment
  • • Provide alternative payment methods
  • • Offer local payment options when available

Extended Settlement Times

International payments may take longer to settle than domestic ones.

  • • Set proper expectations with customers
  • • Account for currency conversion time
  • • Plan cash flow accordingly

Regulatory Restrictions

Some countries have restrictions on international payments.

  • • Research local laws before expansion
  • • Consult with legal professionals
  • • Consider regional payment processors

Ready to Go Global?

Start accepting international payments today with ShazPay's global payment infrastructure.