Define presentment currency.

Prepare for the Stripe Fundamentals Exam with comprehensive flashcards and multiple choice questions that include hints and explanations. Ace your exam with ease!

Multiple Choice

Define presentment currency.

Explanation:
Presentment currency is the currency in which the customer sees prices and makes the payment at checkout. It’s the currency the customer uses to present the transaction to Stripe. For example, if a customer in Europe is shown prices in euros and pays in euros, euros is the presentment currency. The other options refer to different concepts: merchant payouts are the currency Stripe uses to transfer funds to you, tax reporting currency is the currency used for reporting taxes, and the base currency is Stripe account’s default currency for accounting and settlement. Presentment currency specifically describes what the customer pays with, not how you settle or report.

Presentment currency is the currency in which the customer sees prices and makes the payment at checkout. It’s the currency the customer uses to present the transaction to Stripe. For example, if a customer in Europe is shown prices in euros and pays in euros, euros is the presentment currency.

The other options refer to different concepts: merchant payouts are the currency Stripe uses to transfer funds to you, tax reporting currency is the currency used for reporting taxes, and the base currency is Stripe account’s default currency for accounting and settlement. Presentment currency specifically describes what the customer pays with, not how you settle or report.

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