The currency we show today
For the moment, we display all our prices in euros (€). It made sense when we started, as it is the currency used in Belgium, the country where Semonto has its headquarters.
The reason for the change
Today, many years later, Semonto has outgrown its original audience with users all over the world. It no longer makes sense to have only one currency available. For example, if you are in the USA, you want to see the price in dollars, not euros.
Advantages of localized pricing
- You immediately understand the cost, without needing to convert currencies.
- You avoid any fees your bank might charge for currency conversion.
- Banks are more likely to approve payments in the local currency.
What will change
We are currently working on a way to offer our users prices in their own currency. This means that both the pricing on our website and the generated invoices will show the currency used in your country.
Who is affected
We will implement this for new customers, more specifically those in the USA, the UK, and India. Eventually, we will implement it for all new users. If you are a current Semonto user, no changes will be made to your account unless you want to. If you want us to manually switch your account to localized pricing, feel free to reach out to us.
Prices remain stable
Although pricing in your own currency is more convenient, you probably also want stability: you do not want your invoice to change every month due to exchange rate fluctuations. That’s why we do the conversion once: at sign-up. After that, we keep your price stable.
Any questions?
Do you have any hesitations, questions, or concerns? Feel free to reach out. We strive to be as transparent and straightforward as possible, and we are happy to address any questions you may have!
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