In my experience, most saas companies operate only if their native currency, outsourcing the problem to the customer. The customer then is initially detered by paying in a different currency to their own, and we don't want that.
The best way to migate this to use both Transferwise's Borderless Account & Stripe. Before I tell you how, let me show you some numbers to prove it.
Example: Charging in EUR, receiving in USD.
Using just Stripe takes 2% charge, using their own currency conversion, I get $117.60 in fees.
Resulting in $5,762.84
Using both Stripe & Transferwise
Resulting in $5,865.21
Total of $102.37 difference on a €5,000 payment.
Bare in mind, Stripe still takes a percentage on the payment.
To get started, head over to Transferwise & sign-up for a borderless account.
Then enable all the curriences you wish to charge in Stripe's Payout settings by adding all the bank accounts that are available in Transferwise's borderless account.
TillyPay is a no-code solution built ontop of Stripe, allowing you to accept payments in the 132 curriencies that Stripe offers. We also offer custom domains, SCP compliance built-in and Zapier Integrations.