Looking to expand your sales overseas? We have the perfect forex API to help you!
Global e-commerce is on the rise, but selling internationally requires more than just opening a new online storefront. From delivering to customers abroad to keeping costs down and accounting for exchange rates and currency fluctuations; there are a number of issues retailers must address before expanding across borders. But, all in all, online business are the new stores. And selling overseas it’s just a matter of time.
If you want to be able to accept global currencies on your e-commerce site, having an effective strategy for currency conversion is one of the most important things you need to consider. To convert your visitors or leads into customers, the data that you present on your website will be critical to your success.
With some help from a forex API, you can get the information and software you need to lower processing costs, create more revenue and capitalize on opportunities in foreign countries; meaning more sales! We show you one reliable and popular API for businesses seeking to integrate currency conversion into their retail platform.
First, what is forex?
Foreign exchange, which has the acronym “forex,” is the largest financial market in the world. And, foreign exchange rates are broadcast live via an Application Programming Interface (API). This tool pulls real-time data from multiple financial data sources, giving it information about current and historical daily exchange rates for foreign currencies.
Second, why Exchangr?
Well, because Exchangr is an accurate currency exchange rate and conversion API that uses JSON data to deliver real-time rates. It provides access to real-time, accurate, and reliable currency exchange data as well as complete currency conversion. Also, this forex API connects you to comprehensive, in-depth currency market history along with complete up-to-date foreign exchange data for 172 world currencies – meaning a total of 30.000 currency pairs!.
Third, start using Exchangr
It’s super easy! Just follow these three steps and you are done:
1. Sign up here and get your API key (no credit card needed)
2. Choose the currencies to obtain rates, or converter
3. Make the API call -et voila!
If this post helped you, learn more here: Three Industries That Can Benefit From Currency Conversion APIs
Also published on Medium.