# Pricing, Payments & Tax

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### Automatic multi-currency pricing adjustments

Input product prices in your native currency (GBP), and Venditan Commerce will automatically adjust them to different currencies using daily updated exchange rates.

When customers select their location, your products’ prices are automatically displayed in their local currency.

You can then set **Rounding Rules** to ensure consistent pricing, such as rounding to the nearest whole number or ending each price with a .99.

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### Setup your accepted Currencies

Configure the Currencies you accept directly within Venditan Commerce.

For each currency, you can specify:

* **Name**: The currency's name (e.g., US Dollar, Euro).
* **ISO 3 Code**: The standard three-letter currency code (e.g., USD, EUR).
* **Symbol**: The symbol used for the currency (e.g., $, €).
* **Current Exchange Rate**: Automatically updated via a feed provided by Venditan Commerce.

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### Offer international Payment Types

Venditan Commerce is integrated with **Global Payments** to handle international transactions securely and efficiently.

Global Payments can enable country-specific payment options, such as popular e-wallets, bank transfers, and local card schemes.

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### Manage Tax Rates for Countries or Regions

Venditan Commerce simplifies the complexity of tax management by enabling the setup of **Tax Rules** tailored to your delivery destinations, amongst a wide range of other criteria.

It can support highly configured tax rates for each country you sell to, ensuring compliance with local regulations.

{% hint style="info" %}
Learn more: [Taxes](/docs/product-information-management-pim/taxes.md)
{% endhint %}

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### Support for Import One-Stop-Shop (IOSS) Scheme

If enabled, Venditan Commerce supports VAT charging under the IOSS scheme, this means orders to EU member states will have VAT added automatically only if the order total is below the IOSS threshold of 150 EUR. If the order is above that threshold, then VAT won't be added to the order.

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### :electric\_plug: Integration: Use Avalara for advanced international Tax Rules

Venditan Commerce is integrated with Avalara, a leading third-party tax management solution, used to handle complex international tax regulations.

Avalara allows us to automate the entire tax calculation process, ensuring accuracy and compliance across multiple jurisdictions where the rates can be highly variable, e.g. Across the United States of America.


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