For example, this can happen if a new exchange rate is mandated by a government or if there is a large discrepancy in rates between our service providers. In certain circumstances, Stripe might apply the rate at which we source the currency owed to you.
Currency conversion on Stripe is subject to fees as detailed on our pricing page. Mid-market rate is the average between the buy and the sell price of a currency.
When Stripe provides currency conversion services for transactions, Stripe generally applies the mid-market rate based on pricing data sourced from third-party service providers. Learn more about how to present local currencies. Checkout and Payment Links automatically convert this price to an international customer’s local currency based on their location.
