While running an online business, you want to ensure the best service for customers worldwide. WooCommerce is a platform you can use to set up your online shop and sell products globally!
When we say global, the currency becomes a crucial factor since you want your customers to know the product’s price in local or regional currency. So your customers won’t be stressed about getting overcharged, and you won’t eventually lose any customers due to this reason. That’s where the Dual Currency factor comes into play.
If you’re running a WooCommerce store, you’ll only find a single base currency as the default option. But luckily, you can have dual currency support on the WooCommerce store. You can do that in multiple ways, from using common WooCommerce Plugins to the newest ShopReady WooCommece Builder for Elementor pages.
Let’s get into all these methods here!
Why Should You Have Dual Currency In Woocommerce?
To maximize recurring sales and subscriptions for international customers, you must ensure a friendly and localized customer experience on the checkout page. And you can do that by having dual currency or multi currency switcher in your WooCommerce store.
When provided with a preferred payment method, language, and currency, your customer will most likely complete a sale. While transacting and settling in a local currency, the users won’t be forced to pay entirely in US Dollars or Euros.
The dual currency payment will also help grow cross-border shopping and facilitate global sales. There are more advantages of having a dual currency in WooCommerce, some of which include:
- Avoid extra fees during currency conversion
- Improve customer loyalty with price accuracy and consistency
- Offer customers with alternative banking options with a local payment method
- Minimize cart abandonments and refunds
- Round the converted prices
- Add overall value to the online store
How To Have A Dual Currency In Woocommerce?
In WooCommerce, you can only choose one base currency by default. It doesn’t have any built-in multi currency support. So you can’t really add a dual currency option manually in your WooCommerce store.
But don’t worry since there are some other ways you can implement this crucial payment support for your global customers. You can do it with one of the many plugins and builders for WooCommerce Currency Switcher.
There are some newest methods available, such as using the Elementor platform and its WooCommerce tool like ShopReady. Here we’ll talk about two approaches for having a dual currency on the WooCommerce site.
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Using Elementor & ShopReady Tool
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Using the WooCommerce plugin
Let’s find how you can implement these to add the dual currency support in your WooCommerce store to penetrate the global market better.
1. Using Elementor & ShopReady Tool
If you’re using Elementor to build your WooCommerce store, then you’ve got a great way to have dual currency support for your website. ShopReady is a fantastic WooCommerce Store Builder for Elementor platforms.
With ShopReady, you can build a complete store, including standard payment options and multiple currency support. And you can do that by adding WooCommerce widgets anywhere on the Elementor page.
There are tons of features available on ShopReady to set up your WooCommerce store in minutes. But here, we’re focusing on its Currency Switcher. This feature allows users to see product prices in their preferred currency and pay the price at the native converted rate.
It includes a module, a widget, and an API to allow users to switch between currencies. Once implemented, you can set and display the currency for the customers while also allowing the users to switch various currencies based on their needs.
The users can checkout after their shopping using the widget. Since it allows you to have the main and a native currency for the users, it can ensure the dual currency support you’ve been looking for.
2. Using the WooCommerce plugin
You’ll most likely use the ShopReady tool if you’re an Elementor fan. But if you’re not, there are quite a few plugins that can help you add dual or multiple currencies to your WooCommerce site.
Let’s find out the most popular ones here and how you can implement them on your WooCommerce site.
Multi-Currency
Multi-Currency is a popular WooCommerce plugin to help you switch currencies and re-calculating rates. It’s not merely a currency converter, in fact, it localizes the checkout experience with the converted prices to let customers pay in their preferred currency.
To install this extension, follow the steps below:
- Go to your WooCommerce Dashboard and download the extension
- Now go to Plugins, then click Add New, and click Upload to select the zip file you downloaded
- Finally, click Install Now and Activate to enable the extension on your WooCommerce store
Once you’ve activated the extension, the Multi-Currency tab should appear in the settings, either in the latest versions’ side menu or in the horizontal tabs in the earlier versions. You need to buy the subscription to add it to your WooCommerce site.
The extension automatically retrieves the rates from two exchange rates service providers such as OpenExchangeRates and Currencylayer. Since both these sites are free, you can open accounts on these sites to let the extension retrieve rates.
After you’ve enabled the currency exchange rates, you’ve to choose the currencies you want in your store. The plugin allows you to add an unlimited number of currencies. You can also set the main currency or the base currency.
Now coming to how you’ll let your users enjoy this feature. For this, you’ll have to place the Currency Switcher widget in the footer, sidebar, or above the cart widget. It’ll contain a drop-down menu with currencies set up previously. For example, the visitors will see CAD, USD, EUR, etc.
The automatic Dual Currency option is the fun part of this plugin. It allows the customer’s geolocation to be detected automatically to set the currency according to the visitor’s country.
If your WooCommerce store accepts the currency (listed in the settings), it’ll be automatically enabled. Otherwise, the default currency will be activated.
WOOCS:
WooCommerce Currency Switcher (WOOCS) is a free and popular currency switcher for the WooCommerce platform. It’s a multi-currency switcher extension that allows customers to switch currency for the product price and get the converted rates in real-time. It also allows paying in the selected currency.
You can easily add this multi-currency extension to your WooCommerce store. To do that, follow the steps below.
- Go to the Plugins page of your site
- Click Add New Plugin
- Seach for WOOCS in the search box
- Once WOOCS appears, install and activate the plugin
- You can use it for free for the dual currency option, meaning for up to two currencies
Now let’s see how you can allow your customers to pay in their desired currency. Go to Advanced Tab and click Yes from the Is Multiple Allowed dropdown. You can display it using the shortcode or widget.
The plugin has an ajax widget/shortcode of currency rates and a currency converter to update currency rates automatically. It comes with a wide range of features and design options.
The significant one is its GEO IP feature for detecting local currency based on the user’s geolocation and IP address. You simply have to enable the “Checkout by GeoIP Rules” to let customers pay for products in their native currency.
CURCY
CURCY is a fantastic WooCommerce Plugin for switching between currencies. You can add a dual or multi-currency option easily using this extension. It’s available in both free and pro versions for WordPress and WooCommerce platforms.
This plugin allows users to see and pay product prices in their respective currencies. It can automatically detect the visitor’s country code using the IP address.
To install the plugin, go through the following steps:
- Download the installation package from your account
- Go to Plugins, click Add New, then click Upload Plugin, and select the zip file you already downloaded
- Finally, click Install Now and Activate the plugin
To use it, go to the Dashboard, choose the plugin, and click the General Tab. Now you can manually set up and show multiple currencies and their exchange rates. Once you’re done, you should see it appearing in the sidebar allowing the users to choose between currencies.
You can also set the plugin to automatically detect the currency according to the visitor’s country or language. For this, you can select the Auto Select Currency, and the plugging will detect the country and the respective currency based on the users’ IP addresses.
You’ll also have to set the main currency that you’ll be mostly using for your WooCommerce store by default.
Why Use ShopReady To Have Dual Currency In WooCommerce?
We’ve just talked about the ShopReady plugin that can help build a WooCommerce store (with the dual currency support) using the Elementor platform. We prefer using ShopReady to build a WooCommerce store with a Dual Currency option. There are some good reasons for that, which we’ll be talking about below.
You can actually build online stores directly with the many themes of the WooCommerce website builder. But Elementor, especially Elementor Pro, is an amazing page-building tool that can help you display the products any way you choose and anywhere you want on the page.
It also has the Currency Switcher module as a widget to add to the Elementor pages. The tool comes with a rich collection of WC widgets to provide a streamlined way to build WooCommerce stores, including multicurrency support.
Therefore, this unique and holistic approach for creating WooCommerce with Dual Currency Support is surely worth recommending.
Conclusion
With a WooCommerce store, you definitely want to attract customers from all over the world. Having dual currency support gives international customers a sense of loyalty to the price, which eventually leads to increased sales through customer satisfaction.
That’s why in this article, we’ve talked about different ways a WooCommerce store owner can add Dual Currency support.
These methods included a holistic way to add this feature — the ShopReady WooCommerce Builder tool for Elementor. Besides, we’ve seen how you can use a good plugin (from the top-rated ones) to add dual support to your online store.
We’ve discussed how to get going with all these options. So it’s now up to you to choose your desired currency switcher and create a native checkout experience for your customers!
