SYSTEM AND METHOD FOR TRANSACTIONAL HEDGING

摘要

A system and a method for supporting e-commerce and card present transactions in multiple currencies, in which the local currency of the purchaser is different from the local currency of the vendor, such that the exchange between the currencies is hedged at the time of sale of the product. The system and method optionally and preferably provide end-to-end management of the rates through hedging, such that a single exchange rate (or set of exchange rates in a predefined relationship) preferably apply throughout a linked set of transactions, optionally also for payments that are separated in time. The system preferably hedges all transactions such that suppliers, vendor and purchaser are not exposed to currency fluctuations and that multiple currency rates are hedged for the transaction from time of booking until payments to suppliers and vendors.