Tell us your settlement currency and the markets you sell in. QashPay opens the local accounts, enables the right methods and routes the payments; eXgine fixes every qualifying rate and settles you back in your own currency — no integration, no dev time, no FX desk.
eXgine provides the specialist foreign exchange layer used within supported QashPay Multi-Currency Processing. Every currency conversion booked against a merchant account is recorded as an immutable trade with eXgine — showing the base and contra currencies, the amounts dealt, the exchange rate applied and the value date. Merchants view and reconcile all of this entirely inside QashPay, with no separate eXgine integration.
This isn’t a separate integration. You take your website payments with QashPay — Multi-Currency Processing is simply the currency setting switched on inside it. Turn it on and QashPay handles the payments while eXgine handles the FX. Nothing else in your checkout changes.
Set once, in your QashPay settings. That’s it.
A settings changeNo integration, no dev time and no FX desk — timings depend on QashPay onboarding.
Pick a settlement currency and the markets you sell in. This is the choice QashPay puts in front of you at onboarding, and it is the whole of your part.
The one currency you want to be paid in. eXgine converts every qualifying sale back to it.
The currencies your customers pay in. QashPay opens a local merchant account for each one it can, so cards are charged in the customer’s own currency.
Each method settles on its own schedule. The value date sits one business day after the rail settles.
MastercardCards
EUR · USD · AUD
T+1Rail settles
VisaCards
EUR · USD · AUD
T+2Rail settles
American ExpressCards
EUR · USD
T+2Rail settles
Apple PayWallet
EUR · USD · AUD
T+3Rail settles
Illustrative. This shows the shape of the choice you are given, not a quotation. Your real options are resolved by QashPay against the configuration held for each payment brand on each connected provider — a provider may have far fewer currencies enabled than the brand supports. Settlement schedules shown are examples.
Two moments. The rate is fixed the instant the qualifying sale happens; the money moves later, on the value date.
At the sale · real-time
QashPay routes the card to the local MID it has opened for that currency, so the card is charged in the currency the customer expects to see.
The completed transaction is passed to eXgine with its amount, its processing currency and the merchant account it was taken on.
eXgine fixes the rate from the base currency to your settlement currency, books the trade and sets its value date — typically one business day after the acquirer settles.
At settlement · value date
You receive the sale-currency funds on your normal schedule. Card acquiring and settlement are provided by your acquirer, not by eXgine.
The currency you took the sale in passes on to eXgine as the other side of the booked trade.
At the rate fixed back at the sale, on the trade’s value date.
The rate is fixed at the sale. The money moves on the value date — typically one business day after the acquirer settles — so that, where the FX and settlement flow completes as configured, you are not left holding an open position in between.
Those two moments show up as separate lines. The conversions booked against your account are one kind of entry; the cash arriving or leaving on the value date is another. Because both sit in the same dated ledger, you can see which settlement paid for which day’s conversions rather than inferring it.
Selling in several currencies means holding several balances. The Portfolio view sets them side by side on the day they settle — which currency you are short, which you are long, and how much of the book each one accounts for — so the position is something you can look at rather than something you have to take on trust.
eXgine provides the foreign exchange component only. It is worth being precise about where the boundary sits, particularly if you are assessing this on behalf of a bank or an acquirer.
QashPay is the payment platform: it takes the payment, holds the merchant accounts and settles funds. eXgine is the specialist foreign exchange company within QashPay: it fixes the exchange rate on qualifying transactions and converts them into your settlement currency. You reach eXgine through QashPay; there is no separate eXgine integration.
The rate is fixed at the point the qualifying transaction is processed, not at the point the acquirer settles. The resulting trade is given a value date aligned to your settlement schedule, so the conversion and the money movement line up.
No. Multi-Currency Processing and eXgine FX are configured inside your existing QashPay account by QashPay, subject to eligibility. There is no eXgine API for merchants to build against.
The value date is the date on which the two sides of a foreign exchange trade actually settle. eXgine sets it in line with your acquirer’s settlement schedule so that the currency you owe and the currency you receive move on aligned dates.
The available processing currencies depend on the local merchant accounts QashPay can open for your business, which varies by acquirer, region and merchant category. Your QashPay contact can confirm what is available to you.
No. Dynamic Currency Conversion offers the cardholder a conversion at the checkout. Multi-Currency Processing charges the cardholder in their own currency on a local merchant account, and the conversion happens afterwards between that account and your settlement currency. The cardholder is never shown an eXgine rate.
The Multi-Currency Processing page walks through merchant configuration, transaction-level FX and reconciliation using captures of the live platform.