I want to accept payments in either € or $. Is that possible? And if it is, how would conversion be done if buyer want to pay in $ while my store currency is €?
Yes, The currency is converted using Yahoo exchange rates. Your store has a base currency, the buyer as a currency that they view the prices in, and then you can also have a different currency for what you want to accept payment in. The system will handle all of the conversion.
On every payment method edit screen, there is an option to select which currencies you accept that payment method in. To select multiple currencies, hold down the CTRL key on your keyboard
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