Billing - Currencies

Created by Sagecom Support, Modified on Sat, 05 Aug 2023 at 03:26 AM by Sagecom Support

Currencies

PortaBilling® allows simultaneous use of multiple currencies. On this page, you can add currencies you want to work with.

How to add a currency

Click Add on the toolbar.
Choose a desired currency from the list. If the currency you require is not listed, contact your service provider.
Choose either a payment system that will process payments in this currency or a remittance payment system that will transfer funds in this currency. Note that one currency entry can be assigned to a payment or remittance system or to neither of those options.
Click Save Edit.

Field	Description
ISO 4217
alpha	Official three-letter currency code (e.g. USD).
Num	Numeric currency code according to ISO standard.
Name	Commonly used name of the currency.
Dec. digits	Maximum number of decimal places allowed by the currency, e.g. for US dollars or euros it will be 2, since the smallest unit is one cent (0.01), while for yen it will be 0, because an amount in yens can only be a whole integer.
Major	The main currency unit, e.g. dollar.
Minor	The lesser currency unit (if applicable), e.g. cent.
Payment System	Selects an online payment processor to process payments in this currency.
Remittance Payment System	Defines a payment remittance system. Select the corresponding payment remittance system to allow your customers who maintain their balances in this currency to transfer funds from their accounts in PortaSwitch to a mobile phone’s balance in another country. Note that one currency entry can be assigned to a payment or remittance system or to neither of those options.
Payment Method	Read-only column; lists all available payment methods (e.g. VISA) for the selected payment system.
Minimum Payment	The smallest allowed amount for an online payment (in the corresponding currency), in order to prevent service abuse.

The ISO 4217 currency code is normally composed of a country’s two-character ISO 3166 country code plus an extra character denoting the currency unit. For example, the code for Canadian Dollars is simply Canada’s two-character ISO 3166 code (“CA”) plus a one-character currency designator (“D”). Currency unit names (major and minor) are not defined in ISO 4217, and are listed in the table only for user convenience. Visit BSI Currency Code Service (ISO 4217 Maintenance Agency) website http://www.bsi-global.com/ for more information.