💲Currencies
Ottu provides a multi-currency payment gateway solution, currency options within currencies exchange enables the merchant to have a resiliency on accepting multi-currencies payment(s) with or without
Payment gateway has a builtin currency configuration, i.e KPAY(PG) default currency is KWD (Kuwaiti Dinar).
There are three types of currency configuration: - Currencies. - Currency exchange. - Exchange config.
It is a list of available currencies in Ottu.
Click on Add button to add new currency
Tick active option then click save.
Sometimes, merchant(s) prefer to obtain payment in local currency even if the customer is abroad in the merchant's country of operation.Currency exchange is thus the service that helps both the merchant(s) and customer in the process of payment.It enables the customer to pay in his local currency and for the merchant(s) to receive payment money in the preferred currency.There are times when a bank in between the merchant(s) and customer creates a markup amount in order to cover the currency exchange fee.
Click on Add Currency exchange
Insert the required parameters
Then click on save button
Payment gateway settings are linked to exchange configuration, since it determines what currency rules should be applied to payment(s).
Click on add exchange config
Enter the required information and click save
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