The feature
enables educators to sell their courses internationally in more than 60+ currencies. This feature allows you
to add multiple currencies in the system and the course fees will be displayed to
the end user based on their region, but only if their native currency is added
in the system. Otherwise, the system will show the default currency set by the
admin.
This
documents covers the following topics:
- Pre-requisites
for International Selling
- Enable
& Set-up International Selling
- Setting-up
additional currency for a Course
- Key
Points to Remember
Pre-requisites
for International Selling
Please make sure the following settings are set
before you enable the International Selling feature.
- Payment Gateway
The
payment gateway must be set to collect the payments from the learners looking
to enroll into the available courses. Sharing the articles below which will
take you through the step-by-step process to setup the payment structure. - Edmingle Payment Gateway
- Custom
Payment Gateway (Razorpay)
- Set Email Address as the primary Sign-up field
In
order to enable the international selling feature, it is mandatory to set the
primary sign-up field as Email.
Following are the steps to set the primary sign-up field: - Login
to the admin panel.
- Click
on Website and App Setup.
- Under General Settings tab, set the Student Sign Up Primary Field as Email
and Save.
Enable
& Set-up International Selling
Please
follow the steps below to enable and set-up the international selling.
- Login
to the admin panel.
- Click
on Settings and then select International
Selling from the left navigation bar.
- Click
on Enable.
Once
enabled, you will see the below setting.
Note: Branch Currency cannot be updated if any transactions has present in the system.
- Check the option Enable international selling for the “<<branch name>>” branch.
Now, the admin can add multiple currencies in the branch. This
check is branch specific and would have to be enabled individually for every
branch.
- Click
on + Add Currency option and fill
the required details to add a currency type:
- Currency (required): Select the currency type from the drop-down options.
- Position (required): To select the position of the currency sign (to be placed before or
after the amount).
- Manual Conversion Rate (required)
- Admin
can set the manual conversion rate here.
- This
will be based on the branch currency set in the system.
- For
example, if branch currency is INR and I am adding US Dollar as a new currency,
then 1 INR equals to 0.013 USD. So, the conversion rate can be set as 0.013 or
as per the organization’s requirement.
- Adjustment Rate (optional): This is the additional percentage
of amount which gets added to the course base price. For example, if adjustment
rate is 10%, the final price of the course will be 10% more of the base price
set in the course’s Pricing &
Publish section.
Default Currency: This is a checkbox. Please select if you want
to set this currency as the default currency of your branch.
Note: This currency type will be applicable on all the courses for which the specific currency is not set.
- Allow auto rate conversion – If enabled, following will be applicable:
- The
system will automatically convert the course price to the respective currency based
on the present day’s conversion rate. To exemplify, if course price is set as INR
1000 and the present day conversion rate is 1 INR = 0.013 USD, then the user
accessing the course from USA will see $12.25 USD as the course price.
- Manual conversion rate setting will not be applicable if this setting
is enabled.
- Enable Fix Pricing – If enabled, the following will be applicable:
- The
system will pick the price set in foreign currency in the Pricing & Publish setting of the particular course.
- This
setting takes the highest precedence. It means auto rate conversion and manual
conversion rate will not be applicable.
- Below
section Setting-up additional currency
for a Course will take you through the step-by-step process to set-up the
price of any course in a foreign currency.
This
concludes the process of enabling the international selling feature in the
system and adding multiple currencies.
Setting-up specific price for a Course in foreign currency
If Enable Fix Pricing setting is enabled in
International Selling, then the foreign currency price would have to be specified
for each course added in the system. Otherwise, the system will show the price
based on the setting auto rate
conversion/manual conversion rate enabled.
The
following steps can be followed to add the price of any course in the currency
added in the system.
- Click
on Courses & Content.
- Select
the course for which the pricing is to be set.
- Click
on Pricing & Publish option and
then on the edit button to add the price.
- Now,
click on the drop-down option Select
Currency to edit Instalments and add the course fees in the new currency.
- Set
the price of the course in the new currency.
- Click
on Save.
Key
Points to Remember
- International
selling feature can only be enabled by clients who have either integrated their
own Razorpay Payment Gateway with Edmingle or are using Edmingle’s Payment
Gateway.
- We
will charge a settlement fee of 2.9% (in addition to the gateway’s fee) to the
clients selling their courses internationally using Edmingle’s payment gateway.
- It
is mandatory to set the primary sign-up field as Email.
- Promo
code can be functional with Indian currency only.
- As
of now, Referral System will not work
if international selling setting is enabled.
- Sales
report will be available in branch currency only.