Does Tap handle the foreign exchange rates for regional and international payments? What exchange rates does Tap use?

Yes. When a payment is made with a currency different from your local currency, Tap’s currency exchange API handles the foreign exchange based on the most updated conversion rate. You can also get a detailed record of all the exchange rates used for each transaction.

You can get more information about the currency exchange API from our documentation page. If you have any other questions, you can always message our customer experience agents available through the live chat available on the Tap website or within the goCollect app.