Wondering how to show duties & taxes in the buyer’s currency? Switch on the FX currency rates.
From an overseas buyer’s point of view, knowing the expected duties and taxes on the checkout, before they purchase the goods, is value-adding in making the buying decision and reduces their uncertainty on the exact financial cost to them. To further reduce the uncertainty for the buyer, the duties and taxes, in fact the entire checkout, can be switched into the buyer’s local currency, which eliminates the risk of the exchange rate working against the buyer and therefore, lets the buyer make an informed choice based on the known financial cost of the goods.
EdgeTariff lets you switch-on foreign exchange (FX) rates, so the entire checkout, including the duties and taxes, is shown in the buyer’s local currency (based on their browser’s internet location). For example, a UK store visitor can see product prices, cart content and checkout total landed cost in GBP (Pounds Sterling), which gives the UK buyer complete confidence that the price they pay, is the only payment they will need to make, and they’ll now just simply get the goods, i.e., makes it as simple as making a local purchase for them.
Remember confident buyers, buy more, so give your overseas store visitors the confidence to buy by show all the financials on the checkout in their local currency.