A system and a method for supporting e-commerce transactions in multiple currencies,
in which the local currency of the buyer is different from the local currency of
the vendor, such that the exchange between the currencies is hedged at the time
of sale of the product. The system and method enable the buyer to receive a final
price for the product before the transaction is performed. The system and method
also provide a mechanism for the actual exchange between the currencies of the
buyer and of the vendor, such that the aspects of the transaction regarding payment
are fully supported. Preferably, online hedging of the currency transactions is
performed, in order to reduce the risk involved with predetermination of prices.
