Citi Philippines and Planet Payment partner for Pay in Your Currency

Pay in home currency at the point-of-sale

Through the new deal multi-currency payment processor, Planet Payments, will provide its Pay in Your Currency service to Citi’s Philippine merchant partners (view press release). Pay in Your Currency does exactly what it says and lets eligible customers pay in their home currency at the point-of-sale. Before completing the transaction, the customer receives a receipt listing the transaction amount in Philippine Pesos, their home currency and the exchange rate so they can see exactly how much they are spending.

The adoption of Planet Payment’s Pay in Your Currency service has increased significantly in recent years, as more merchants around the world view the service as a way to help increase sales, customer satisfaction, and net profits,” said Philip Beck, chairman and chief executive of Planet Payments

Through the partnership, Citi Philippines will also be able to offer the MICROS Payment Gateway to its hotel merchant partners. The payment gateway is integrated with Planet Payment’s data centre and processing platform so hospitality merchants using the Planet Payment platform also have access to the integrated MICROS suite of enterprise hospitality products.

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