About Us
For many reasons, the global market can be a tough place to do business. For E4X, its familiar territory – we grew up in international e-commerce, cutting through the risks and challenges of cross-border payments with revolutionary multicurrency technology and solutions that help e-businesses realize the potential revenue generated from cross border sales.
E4X was founded on the vision of providing e-business with an effective means to address the substantial barriers to international sales that result from dealing with multiple currencies. Today, E4X is recognized as one of the most trusted brands in multicurrency processing for Ecommerce merchants. Our business is anchored by a team whose breadth of knowledge and experience reaches well beyond Internet commerce and security, into commercial banking operations, foreign currency trading and a range of industries that realize the importance of global e-business.
Consequently, E4X is able to bring not just a strong knowledge of currencies, but also an in-depth understanding of world markets and industry Best Practices to help our customers succeed in the global arena. E4X was established in 1999 as a privately held company with headquarters in New York City and Research and Development operations in Tel Aviv, Israel.
In June, 2011, Cambridge Mercantile Group acquired E4X to further broaden our international product and service offerings for Ecommerce merchants. For almost two decades, Cambridge has been earning the trust and respect of leading companies around the world. With over 300 employees and offices strategically located across North America, the United Kingdom, and Australia (in 2011), Cambridge facilitates the secure and prompt movement of Billions of dollars annually for thousands of clients of all sizes. Cambridge specializes in Global outgoing payments for Corporations, Financial Institutions, Retail, Legal, Ecommerce Providers, Affiliates and Digital Content merchants. For more information go to: www.cambridgefx.com
Our Solution
E4X services provide ecommerce merchants currency exchange rates (which allows the ability to price products in the local currency of foreign buyers) and interfaces between the credit card issuing bank, the purchaser and the merchants credit card processor, which allows the merchant to make claim against the issuing bank, via its credit card processor, in the currency of the purchaser.
E4X provides foreign exchange risk management services to internet merchants who accept payment for products and services via international credit and debit cards. E4X manages the risk in the fluctuation of the exchange rate between the currency of the purchaser and the currency of the merchant as well as between the authorization date and the capture date.
Our patented technology makes it easy for international shoppers to shop and purchase by providing prices in local currencies, while making it just as easy for our merchants by providing the exact payment they anticipate from each sale in their preferred currency – all without exposing any party to foreign exchange risk. Experience proves that local currency pricing contributes to a better shopping experience, which has been proven to increase sales.
