ECNext, a provider of technology and services for selling and delivering commercial-business information via the Web, has teamed with E4X, Inc., a provider of online multi-currency services. By incorporating E4X's solution in its Web commerce platform, ECNext plans to provide clients with a multi-currency ecommerce service which will enable them to sell in local currencies without currency risks. ECNext provides hosted ecommerce solutions with a range of services and technology for building, managing, and growing an online business.
ECNext clients can now offer customers the option to pay in local currencies including the euro, British sterling pound, Canadian dollar, Australian dollar, Japanese yen, Swiss franc, Hong Kong dollar, and others. They can view their exact and final purchase prices on-screen in these local currencies, and the company will continue to settle and conduct business in dollars. E4X guarantees the purchase prices and exchange rates to both ECNext clients and their customers, so neither is exposed to currency rate fluctuations.