GLOBAL NETWORK INITIATIVE - FUNCTIONAL CURRENCY SUPPORT
For Publishers


As part of our global network initiative to help you build your performance-based revenue world-wide, Commission Junction is enabling you to localize the currency of your account and specify your targeted area of business.

What is a functional currency?
It is the currency used to store and display all financial and reporting data in your account. Your account may have only one designated functional currency and that currency cannot be changed after an account has been created.

What changes have been introduced?
You can choose from Canadian dollars (CAD), British pounds (GBP), or euros (EUR) in addition to U.S. dollars (USD) as the functional currency of your account. You can also designate your targeted area as well as locate advertisers using improved, multi-select search options.

What are the benefits of these features?

Fully manage your account in your functional currency
Review all reporting and payment history in your functional currency
Designate your targeted area to be approved on the basis of your traffic's origin
Work with multiple advertisers that use functional currencies other than your own
Eliminate the need to convert commissions into your local currency
Can I change the functional currency of my existing account?
Yes, but only if you sign up for our Account Currency Migration offer by March 24. To do so, click on the Contact Us link and use the "Ask a Question" feature. Select "Account Currency Migration" under category and either an April 1 or May 1 migration date with the applicable currency as the sub-category. Please note that only one functional currency can be selected for your program. During the Account Currency Migration, all your current program data will be converted to your functional currency.

Aside from this one-time migration offer, your functional currency cannot be changed once it has been selected during the creation of a new account.

Is my choice of functional currency limited by my place of residence?
No. You may choose to manage your existing account or create a new account in any of the supported functional currencies regardless of the country in which you reside.

How will my reporting appear if I work with advertisers that use functional currencies other than my own?
Commission Junction will convert each specific advertiser's functional currency to the equivalent of your functional currency. All reports will be in your single, designated functional currency based on the daily exchange rate.

How can the targeted area functionality help advertisers in their approval process?
By designating countries in your targeted area advertisers can easily review where you direct your traffic and evaluate your Web site based on that critical information and not simply your geographic location.

Do I need to take any action?
Yes, if you want to change the functional currency of your existing account. To do so, please follow the details for Account Currency Migration as noted above. If you do not take action, your functional currency will remain the same. Please note that if you decide to change your functional currency in the future you can only do so with the creation of a new account.

What are the next steps for this initiative?
In the near future, Commission Junction plans to support various foreign markets with fully translated accounts viewable in an advertiser's or publisher's language preference as well as their functional currency. Fully translated accounts will allow more markets to develop and help transform the CJO network into a truly global network helping you build your performance-based revenue world-wide.