As a business owner, you know that one of the keys to success is reaching as many potential customers as possible. And in today's global economy, that means accepting multiple currencies. Fortunately, if you're using WooCommerce to power your online store, there are several ways you can do this. In this guide, we'll show you how to accept multiple currencies in WooCommerce so that you can start selling to customers worldwide.
Transacting in multiple currencies is becoming increasingly crucial for WooCommerce stores. Whether you're looking to expand your reach into new markets or offer a better experience to international customers, accepting payments in multiple currencies can be a huge advantage.
There are a few different ways to go about this; the right solution for you will depend on your specific needs. This guide will explore a few popular options for accepting multiple currencies in WooCommerce.
While WooCommerce doesn't have built-in multi-currency support, it does have a few features that make it possible to accept multiple currencies:
When using these fundamental WooCommerce functionalities, there are a few things to bear. First, your store must use a compatible base currency which implies using currencies recommended in the Currency Switcher. You must use the following currencies for the Multi-Currency Provider extension: euros, British pounds sterling, Canadian, Australian, US, or New Zealand dollars.
If your store's base currency isn't compatible with either of these methods, you'll need to take a different approach. Fortunately, there are plenty of other options available. We'll cover some of the most popular ones later in this guide.
Another thing to remember is that this core WooCommerce features only work with specific payment methods. For the Currency Switcher, you can use the following: PayPal, Stripe, 2Checkout, or Authorize.net. For the Multi-Currency Provider extension, you can use PayPal or Stripe.
If you're using a different payment method, you'll need a different approach to accepting multiple currencies. Fortunately, there are plenty of other options available.
The first thing you should do is install and activate the WooCommerce Currencies Switcher plugin.
After you've activated it, go to WooCommerce » Settings and select the Currency Switcher tab. This will lead you to the plugin's settings page, where you can customize the plugin's features.
The first option is to choose which currencies you want to display in your store. By default, the plugin comes with a few pre-selected currencies. If you want to add more, check the box next to them in the list of available currencies. You can also re-order them by dragging and dropping them into your preferred position.
The second option is to choose the default currency for your store, which will be displayed to customers who haven't chosen a preferred currency yet. You can select one from the list of available currencies or enter a custom ISO code.
The third option is to choose how to display the currency switcher in your store. You can display it as a dropdown menu or as a list of flags. You can also select the number of columns you want the flags displayed using the latter.
The fourth option is to choose which language you want the Currency Switcher displayed. By default, it uses the same language as your WordPress site. However, you can choose a different language from the list of available options.
Lastly, you can enable the cache, which we recommend when using the plugin on a high-traffic site. The cache will help improve your site's performance by storing exchange rates in memory.
After adjusting the plugin's settings, click the Save Changes button to save your changes.
Once you've configured the plugin's settings, it's time to start using it. The first step is to decide which currencies you'd like to accept. As previously described, you can do this through the WooCommerce » Settings » Currency Switcher page. Tick the boxes next to the currencies you'd want to accept, then click Save Changes.
Now, customers will be able to choose their preferred currency from the Currency Switcher dropdown menu or list of flags. If a customer selects a currency that their chosen payment method doesn't support, they'll see a notice informing them. They can then select a different currency or continue purchasing using the base currency.
The WooCommerce Currencies Switcher plugin is compatible with all major WordPress themes. However, it's always good to test things out in a staging environment to ensure everything works as intended.
Another popular option for accepting multiple currencies in WooCommerce is the Multi-Currency for WooCommerce plugin.
After you've activated WooCommerce, go to WooCommerce > Settings and select the Currencies tab. This will lead you to the plugin's settings page, where you can customize the plugin's features.
The first thing you need to do is choose which currencies you want to display in your store. By default, the plugin comes with a few pre-selected currencies. If you want to add more, check the box next to them in the list of available currencies. You can also re-order them by dragging and dropping them into your preferred position.
Another option is to choose the base currency for your store. Choose one from the list of available currencies, or enter a custom ISO code.
Finally, you can enable automatic updates for exchange rates. We recommend this if you want the plugin to keep your store's prices up to date automatically. However, you can also update the rates manually by clicking on the Update Rates button. After, click on the Save Changes button to save the changes.
It's now time to start using the plugin in your store once you've configured the plugin's settings. The first step is to decide the currencies you'd like to show. As previously stated, you can do this through the WooCommerce » Settings » Currencies page. Tick the boxes next to the currencies you'd want to see then hit the Save Changes button.
Once you've done that, customers will be able to choose their preferred currency from a dropdown menu on your store's front end. Prices will be automatically converted into their selected currency.
If a customer chooses a currency that isn't supported by your chosen payment method, they'll see a notice informing them. They can then select a different currency or continue purchasing using the base currency.
It's also worth noting that the Multi-Currency for WooCommerce plugin is compatible with all major WordPress themes. However, we recommend testing in a staging environment to ensure everything works as intended.
This is one of the easiest ways to add support for multiple currencies to your WooCommerce store. It's an excellent option if you're looking for a quick and easy way to get started or don't need many customization options.
Several plugins offer this functionality, but we recommend using the Multi-Currency for WooCommerce extension. It's free to download and install. It provides many valuable features, including automatic exchange rate updates and the ability to display prices in multiple currencies on your product pages.
To get started, head to the Plugins section of your WordPress admin panel and click Add New. Then, search for "Multi-Currency for WooCommerce" and install the plugin.
The Currency Converter Widget plugin is another popular choice for accepting several currencies in WooCommerce. You can refer to our step-by-step instructions on installing a WordPress plugin.
After activating the Currency Converter widget, go to Appearance » Widgets and drag it into a sidebar. You can use the plugin's shortcode or template element to display the converter in other places on your website. Once you've added the widget, you'll need to decide which currencies you wish to show in your business. By default, the plugin comes with a few pre-selected currencies.
To add more currencies, check the box next to them in the list of available currencies. You can also re-order them by dragging and dropping them into your preferred position. The next thing you need to do is select the base currency for your store. This is the currency used to calculate prices for other currencies. Once you're happy with your settings, click on the Save button to store your changes.
Overall, using multiple currencies in WooCommerce can be a great way to reach a wider audience and increase sales. However, it's important to remember that it can also be more expensive and complicated. So before proceeding, be sure to weigh up the pros and cons carefully. If you decide that it's the right move for your store, Bright Vessel specializes in bringing online solutions to businesses. Contact us today for more insights.