Managing Multi-Currency Payments on LoongBuy: A Complete Guide
LoongBuy enhances your international shopping experience by offering flexible payment options in US Dollars (USD), Euros (EUR), and Chinese Yuan (CNY). This guide will help you navigate currency settings, understand costs, and shop smarter.
How to Switch Your Currency Preference
You can easily select your preferred currency at different stages of your shopping journey.
- On the Website Header:
- During Checkout:
Note: Once your order is placed, the currency cannot be changed.
Understanding Exchange Rates on LoongBuy
Transparency in pricing is our priority. Here's what you need to know about exchange rates:
- Source of Rates:
- Displayed Prices:
- Rate Lock-In:
- Displayed Prices:
How to Minimize Conversion Fees
Follow these strategies to reduce extra costs and get the best value:
- Choose the Seller's Local Currency if Possible:
- Use a Multi-Currency Account or Card:
- Beware of DCC (Dynamic Currency Conversion):DECLINE. Choosing this option usually results in poor exchange rates and high fees. It's almost always cheaper to let LoongBuy charge you in your selected USD, EUR, or CNY.
- Check with Your Bank:
- Use a Multi-Currency Account or Card:
Key Takeaways
Managing your currency on LoongBuy is straightforward. Remember to set your preferred currency early, understand that we use fair market rates, and proactively choose payment methods that avoid unnecessary conversion charges. By following these steps, you can shop with confidence across borders and enjoy a seamless, cost-effective checkout experience.
For further assistance, please visit LoongBuy's Currency & Payments Help Center.