What is the primary difference between a presentment currency and a settlement currency in Stripe?

The primary distinction between presentment currency and settlement currency lies in their roles within a transaction. Presentment currency refers to the currency that the customer uses to make a payment at the point of sale. For instance, if a customer purchases a product priced in euros, euros become the presentment currency; it's what the customer sees and interacts with.

On the other hand, settlement currency pertains to the currency that the seller’s account ultimately receives after the transaction is processed. This is especially relevant in cases where there might be currency conversion involved. For example, if a seller based in the United States sells a product to a customer in Europe and receives the payment in euros, the settlement currency may be in US dollars depending on the seller’s account configuration.

This distinction is crucial for businesses operating in multiple currencies, as it affects how they manage and report revenue across different markets. The other options do not accurately represent the technical distinctions or practical applications of these terms, hence the focus on how each currency serves different purposes in a transaction.