The DXStorm/Moneris collaboration already enables merchants to process both U.S. and Canadian currencies, with plans to expand to 180 currencies. This multi-currency processing system will enable businesses to offer products and services in approximately 180 different currencies and to receive payment for them from the range of 16 settlement currencies. A multi-currency merchant account is particularly beneficial for businesses located outside of the United States or for those whose sales originate from shoppers outside of the U.S. A merchant account enables online business to payment-enable their websites and begin accepting all major credit cards, including MasterCard, Visa, AMEX, Discover, Diners, or JCB.
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