Global Payments Asia-Pacific, a joint venture between the US based Global Payments and HSBC, has introduced its Global HomeCurrencyPay service to merchants in the Philippines.

With the new service, Philippine merchants can let their international customers choose to make payment in either their card billing currencies or in Philippine Peso using their Visa or MasterCard payment cards.

The credit card payment transactions are converted to the customers’ card billing currencies at the point of sale, providing them with the convenience of immediately knowing the payment amount. Global HomeCurrencyPay offers transaction in 22 currencies processed in a seamless manner at the merchants’ point-of-sale terminals.

Ian Courtnage, president at Global Payments Asia Pacific, said:”Global Payments is dedicated to providing cutting-edge processing solutions to help merchants continually improve the payment experience.

“The extension of the dynamic currency conversion service to the Philippine market reflects our commitment to provide outstanding products and services across all our geographic markets. Merchants in the travel and hospitality businesses in the Philippines will benefit from the lower cost of processing overseas card transactions and will be able to offer enhanced service to their international customers.”