What currency do platforms receive for direct charges?

When platforms engage in direct charges, they typically receive funds in the platform's default currency. This default currency is established during the setup of the platform and is crucial because it simplifies accounting and financial management for the platform. Using a single default currency ensures consistent reporting and reduces the complexities associated with currency conversion and multiple exchange rates.

While it is possible for clients to pay in various currencies, ultimately, the funds that the platform receives will be converted to the platform's default currency. This mechanism helps maintain clarity in the financial operations of the platform, allowing for streamlined processing and reporting. It also enables the platform to manage its revenue forecasts and operational costs effectively.

Other currencies, such as the client's local currency or any supported currency, may come into play during the payment process for the client, but the finalization in terms of revenue will always revert back to the platform's default currency. This ensures that the platform operates efficiently while managing incoming payments.