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Pronto Networks MSP: Forex Support R3.0 – October 2004

Pronto Networks MSP: Forex Support R3.0 – October 2004. Forex Support. Payment Gateways Verisign : Pronto MSP has a separate account for each local currency Registered for the following currencies US Dollar Canadian Dollar Euro Japanese Yen Hong Kong Dollar Singapore Dollar

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Pronto Networks MSP: Forex Support R3.0 – October 2004

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  1. Pronto Networks MSP:Forex SupportR3.0 – October 2004

  2. Forex Support • Payment Gateways • Verisign : Pronto MSP has a separate account for each local currency • Registered for the following currencies • US Dollar • Canadian Dollar • Euro • Japanese Yen • Hong Kong Dollar • Singapore Dollar • Each additional currencies has a recurring operating expense (approx $2000 / yr.) • WorldPay, PayPal (future) • Credit Card Processor • Processes payment into Card Association (MasterCard, Visa, etc.) • Currency Conversion Service • E4X – performs currency conversions and appropriate amounts are debited/credited to various accounts

  3. Payment Flow of purchase in USD CC Processor Verisign Gateway CC Assoc. M/C, Visa, etc. € Forex customer CCA debits shopper Shopper $ $ $ US $ customer CCA credits CCP Shopper CCA debits shopper $ $ $ Prices are displayed in US $ on splash page CC Processor CCP credits Pronto MSP Merchant account $ Shopper

  4. Payment Flow of purchase in Euro Currency Conversion Service E4X CC Processor CC Processor Verisign Gateway CC Assoc. M/C, Visa, etc. CCA debits shopper € Shopper € € € CCA credits CCP € € € $ Prices are displayed in Euro (€) on splash page CCS credits Pronto MSP Merchant account $ Shopper

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