SwiftBook Booking Engine Currency Converter Overview: Rates managed in Channel Manager and displayed on the booking engine are shown in the property's default (sell) currency. Properties can now configure for bookers to pay in another settlement currency. SwiftBook will automatically convert the rate to the required settlement currency before passing it to the payment gateway.
Key Features:
Alternative settlement currency: Properties can configure the option for bookers to pay in a different settlement currency than the default sell currency.
Automatic currency conversion: SwiftBook automatically converts the rate into the required settlement currency before passing it to the payment gateway.
Seamless payment processing: Ensures the correct converted amount is charged via the payment gateway, without manual intervention or calculation.
How to setup SwiftBook Currency Converter
Navigate to Booking Engine Settings
Login to Extranet > Booking Engine > BE Settings > Currency Converter Configuration
Check flag to enable feature and proceed with setup
Setup SwiftBook Currency Converter
Select the Sell Currency (based on the property's currency configuration) - this is what will be displayed to bookers on the Booking Engine
Select the Payment Currency - this is the currency that will be converted and sent to Payment Gateway
Booking Engine Display
All rates displayed on Booking Engine are based on Sell currency
At checkout, payment currency and price is indicated. This is additional to the sell currency
Message indicated, payment is processed in your selected currency. This provides full transparency to guests
At payment stage, the Payment price is displayed
Additional Information
This feature is only available when Payment Gateway (PG) is enabled for a property
Booking record will indicate the ‘Sell’ currency (not the payment currency)
The payment currency value and conversion rate used will be shown in remarks
Booking reports will reflect the ‘Sell’ currency
CRS enhancement — work in progress