The number of applications providing currency conversion services continues to increase day by day. Many applications integrate currency conversion APIs services into their applications and offer their users the opportunity to handle transactions that take a long time in milliseconds. Especially investment applications, e-commerce applications are frequently preferred by financial institutions.
The most preferred service by developers and business owners, providing the currency conversion service, is the Fixer API. Fixer API provides instant data of 170 official currencies obtained from reliable sources. It is preferred by many big companies such as Microsoft, Samsung, by presenting both current and historical data of 170 official currencies in just milliseconds.
Many other services that provide currency conversion services such as Fixer API are actively used in projects. Currency conversion is of great importance, especially in businesses that provide international sales services. In this article, we will list the payment steps of the enterprises using the services that provide currency conversion services and how to make them reliable in 5 items.
Get paid in the user’s official currency in the location
It is the most frequently used area of APIs that provide currency conversion services. It allows the payment step to proceed more securely. If the official currency of the user’s location and the official currency of the products on the site are different, and the payment must be received in the official currency of the user, the most correct method is to use the service that provides currency conversion service.
After the user selects the products they want to buy, the total price of the products is calculated according to the value in the official currency of the user with the currency conversion service, and the payment is made in this way.
Get paid in default currency
For example, to provide a better experience for your users, you have converted all currency information on your website to the currency of the user’s location. However, you only need to receive payment in a single currency during payment, but this currency is different from the official currency in the user’s location.
In this scenario, the payment step becomes more reliable with a currency conversion service. All currency values have already been converted when the user enters the website, and at the time of payment, the total amount is once again converted to the default currency and the transaction is ensured securely.
Presenting the products in the accepted currency before checkout step
It is important to use the currency conversion service when listing products. In addition, if the currencies supported while listing the product include the currency of the user’s location, they should be converted completely, but if they do not, product listings should not be made in the currency of the user’s location. Ignoring this situation may lead to minor price differences during payment.
It is very important for companies that actively buy products from abroad to use services that provide currency conversion services in their systems. They can make more reliable transactions with the currency conversion service they will use when purchasing products or making accounts in different currencies from different countries.
Companies that sell products abroad should use services that offer currency conversion services. With the currency conversion service that they will include in their systems, they can instantly convert the currencies of the countries where they will sell, thereby minimizing the error rate in their transactions.
With the services that provide currency conversion services, businesses offer a safer payment experience to both their users and their businesses by minimizing the errors experienced during payment. You can provide currency conversion service in your applications and websites with Fixer API.
Currency conversion APIs are frequently used by many applications. With its Currency conversion APIs, applications and websites provide many conveniences to their users. For example, in an e-commerce application with international users, the default currency is converted to the official currency in the user’s location, or it allows users in foreign exchange trading applications to instantly convert between hundreds of currencies.
There are many services that provide Currency conversion API. The most popular and preferred service among these services is the fixer API. In this article, we will get to know the Fixer API and perform a simple integration with the Nodejs application.
What is Fixer API
Fixer API is one of the most popular currency conversion services. Today, it is preferred by many popular companies. It supports about 170 official currencies around the world. It allows instant conversions between 170 official currencies in just milliseconds.
The data provided by Fixer API is obtained from official sources around the world. For these reasons, the accuracy rate of the data provided is quite high. In addition, Fixer API provides historical data of currencies. It increases customer satisfaction by informing users about historical currency data with the historical data provided.
One of the biggest reasons why the Fixer API, which provides Currency conversion service, is preferred by the developers is that it is integrated into the project in just a few steps. We will integrate the Fixer API into a Nodejs application.
First of all, we need to sign up for a package on Fixer’s official website and get an API key. After obtaining this API key, let’s create a Nodejs application with the default settings with the following command line.
Then we create the index.js file in the file location and run the following command.
npm i express request
Now let’s paste the following codes into the index.js file.
Fixer API, one of the most popular services providing Currency conversion services, is included in the project in just a few steps. You can provide currency conversion service to your users with an API key that you will obtain from the official website of Fixer API.
Technological developments have provided many conveniences to people in their daily lives. The biggest example of this is that most people no longer convert between currencies in traditional ways. The frequency of use of exchange offices has decreased gradually.
Today, people are converting and buying and selling hundreds of currencies in milliseconds through a single application. They also have the freedom to do these transactions 24 hours a day. Accordingly, the demand for applications and websites where foreign exchange transactions are made is increasing.
Today, applications and websites of many businesses where foreign exchange transactions are made use the currency conversion API. With the currency conversion API, businesses directly increase their transaction volume by maximizing customer satisfaction. They also enable them to stay ahead of their competitors in difficult market conditions.
Fixer API is the most popular service offering currency conversion API services. Fixer API is preferred and used by very large companies such as Kraken, Microsoft, Instacard, Samsung, Bershka. Well, let’s examine how companies get ahead of their competitors with the Fixer API, which offers currency conversion API service, and what advantages the Fixer API provides to businesses.
Why Fixer API
There are many reasons why Fixer API is the most popular and best currency conversion service today. The most important of these is the accuracy of the data provided by the Fixer API. Currency data provided by the Fixer API is obtained from more than 15 official official exchange rate data sources and banks, including the European Central Bank. The exchange rate data provided is updated every 60 seconds.
With accurate data provided, Fixer API is capable of providing real-time exchange rate data for 170 official currencies around the world. With this feature, Fixer appeals to users around the world. This is one of the main reasons why it is preferred by businesses that provide foreign exchange trading services, especially targeting international users.
Fixer API also provides historical data. With the historical data service, the applications will be able to see and analyze the historical data of the currencies they want to trade with their users. In this way, users can update their investment plans. With this service, applications can attract users who make high-volume transactions to their businesses.
As in any application, speed is the most important factor. Fixer API provides 170 currency data in just milliseconds. This helps the users in the applications not to face any waiting time while trading foreign currency.
Fixer API has been developed by adopting a software-friendly approach. After obtaining the API key, integrating the Fixer API into the application is just a few simple steps. They also provide powerful documentation to answer any questions you may have about integration or usage.
Services and applications that provide currency conversion API service provide the most perfect currency trading experience to their users. With the Fixer API that you will integrate into your applications, you can both get ahead of your competitors and increase the transaction volume of your business.
Many companies with international visitors make transactions for their visitors according to the official currencies of the visitors’ locations. For example, e-commerce sites, foreign exchange trading applications. Businesses take advantage of 3rd party sources by automating currency conversion information through their applications.
For currency conversion operations, services that provide currency conversion API services are generally implemented in applications. Let’s examine what the Currency conversion API is.
What is currency conversion API
The currency conversion API allows you to automate currency conversions of applications and obtain currency conversion information from a single point.
There are more than 200 official currencies in the world. Applications with large user bases integrate and use modern currency conversion API services into their applications to facilitate the purchasing process of their users in every region.
Today, the most preferred currency conversion API service is Fixer API. Fixer API provides a service that is easy to use, lightweight and contains the most up-to-date data. It provides the value of the desired currency against the official 170 currencies in the world very quickly. The main reason why it is the most preferred currency conversion API service today is that it also provides historical data service that can be used by professional investors.
So let’s take a look at the advantages of using the currency conversion API for customers and developers.
Advantages of using currency API for customers and developers
The most important advantage for developers of using the currency conversion API is that it frees them from the burden of obtaining data. With a currency conversion API to be integrated into the application, developers will access other currency values corresponding to the desired currency with just a simple HTTP request.
The data obtained will be in JSON format, which will provide convenience to the developers when parsing the data.
Especially popular services such as Fixer API provide very powerful documentation. Developers can get quick help from my documentation for any problem they experience.
Developers will not need to take any action regarding the accuracy of the data. Reliable services that provide currency conversion API service provide the most up-to-date data to developers in the most accurate way.
Users in applications using currency conversion API services will encounter many conveniences. Due to the fast operation of the Currency conversion API, it will be able to trade between hundreds of currencies in seconds. This will directly increase customer satisfaction and the transaction volume in your business will directly increase.
In addition, with services that provide historical data services such as Fixer API, users will have the opportunity to analyze historical data before trading. You can present a chart for professional traders.
The use of services that provide currency conversion API services continues to increase day by day. It is especially preferred by the applications invested in, but it is very important that the service used is reliable and provides up-to-date data. If you are looking for a service that provides a currency conversion API service that is reliable, fast and provides the most up-to-date data, you can take a look at Fixer API.
Currency conversions were traditionally done through exchange offices or bank branches. People had to visit these places for the currencies they wanted to buy or sell. The shift of our age to digital has not only made human life easier in many respects, but has also provided ease of converting currencies in traditional ways.
Today, currency converter transactions can be made in digital environments. Businesses that integrate the currency converter API into their applications or websites allow their users to instantly convert hundreds of currencies. Effortless as well.
Today, there are many web services that provide currency converter services. The most preferred web service by businesses by searching applications and websites is Fixer API.
What is Fixer API
Fixer offers a simple and lightweight API for currency conversions. Today, it is preferred by very popular companies such as Samsung, Microsoft and Kraken. It provides ease of integration to developers by providing content in JSON format.
Advantages of Fixer API
Fixer API, which provides currency converter service, supports 170 official currencies in the world. It provides the most up-to-date values of 170 currency values with a single request instantly.
The accuracy of the 170 currency values provided by the Fixer API is kept at the highest level. Fixer obtains its currency values from many banks and financial institutions, especially the European Central Bank. As this increases the accuracy rate, it makes it one of the most reliable currency converter web services today.
Presenting historical data in currency converter transactions is important for many users. Especially for users who want to invest. Fixer API provides historical data of 170 currency values relative to each other.
It provides both historical and current currency data in just milliseconds. Fixer API keeps the accuracy rate at the highest level by updating its current data every 60 seconds.
A developer-friendly approach has been adopted with the JSON API provided by the Fixer API. In addition, it has become indispensable for developers with its ease of integration and strong documentation.
Fixer API also provides fluctuation data service. It only provides the values of the currencies between the requested dates. In addition, the Fixer API is encrypted using bank-level 256-bit SSL Encryption. This keeps security at the highest level.
Applications that provide currency converter operations are preferred by both individual users and businesses today. They are generally applications with high transaction volume. Fixer API is one of the services that provides currency converter transactions in the most secure way today. If you want to integrate currency converter transactions into your applications or websites, you can visit Fixer API.