The majority of online shoppers prefer to make purchases from local websites.
Price uncertainty can lead to higher shopping cart abandonment.
Online shoppers leave international websites to calculate exchange rates before deciding to purchase.
Customers are less likely to revisit single-currency pricing websites.
Customers are more likely to spend more money on a multi-currency pricing website.
Most online shoppers are concerned about how much they are paying for FX when shopping in foreign currency.
Aladdin is a fully scalable and integrated point-of-sale home-currency pricing solution. It empowers e-commerce platforms or merchants to price goods in multiple currencies without any exposure to foreign exchange risk. International customers across 45 countries can enjoy a localised shopping experience in their home currency from the point of browsing all the way through to the point of purchase.
Set prices in customers' home currencies to increase sales conversion rates. Reassure your overseas shoppers by securing the exact value of their purchases at the point of checkout, reducing buyer hesitation and cart abandonment.
Integrate Aladdin into your e-commerce platform and have tight control over your pricing and margins. Trades of all sizes are confirmed electronically. Settlement becomes seamless, simplifying your processing and reconciliation.
Customise your guaranteed FX rate period in advance depending on your business needs. Refunds will be processed at the original transacted rate for up to 90 days. Aladdin also allows the configuration of a spread, creating a new "risk-free" revenue stream previously captured by other third parties.