Do you want to know how to setup a currency conversion API on your own website? If so, keep reading!
The market is growing every day, with more people using smartphones and tablets to make online purchases. If you want to attract more customers from other countries, then accepting foreign payments is the first step.
Now, currency conversion is a process of converting one currency value into another. The process of converting currencies manually can be tricky and confusing. For this reason, a lot of people use currency conversion APIs; because they allow anyone to integrate currency conversion features into their websites.
Reasons Why You Should Setup A Currency Conversion API In Your Website
To accept foreign payments. Many e-commerce stores accept payments from customers who live outside the country; and want to pay in their local currency. In order to accept such payments, you need to display prices in the amount that users see in their own currency. You can also display exchange rates when users are browsing products or making purchases on your website; so that they can make informed decisions about whether to buy something or not.
So you can display currency exchange and conversion data. You can use the data provided by a currency conversion API on your website by displaying it alongside other relevant information such as prices and product descriptions. This will help visitors make better choices about what they want to purchase from your store; and how much they should spend on each item.
To improve your website data. Some e-commerce platforms offer built-in support for several currencies; but others do not provide any support at all for foreign currencies. This means that if you want to accept payments from customers who live outside the country, you and your costumers will have to make the conversion manually, and that can be confusing and tiring.
Use This API To Setup Currency Data In Your Website
Exchangr is a JSON API that offers real-time currency conversions and exchange rates. It gathers currency information from a number of reliable sources; including international brokers, and foreign financial organizations. As a consequence, Exchangr is a trustworthy API that gives reliable data for 172 different currencies throughout the world.
Apart from accessing data for rates and conversions, you can do a lot more with Exchangr API. You can: integrate this API into your website using its Drupal Module and WordPress Plugin, without the need for coding; do single-amount conversions; obtain currency conversion parameters; change the currency of the source; and more!
How To Use Its Drupal Module To Setup Currency Data In Your Website
Exchangr API employs JSON format data for best accessibility, integration ease, and interoperability with any of your apps and websites. Hence, if you’re seeking a simple way to set up currency conversion and exchange, this API might be the solution. By following these instructions, you can use the Drupal Module to show currency data on your website:
-Use Drupal’s standard module installation practice, to install the module.
-Go to Exchangr API Integration Settings page from the Configuration->Web Services menu item; and enter your Exchangr API Key in the provided field.
And that’s all. It’s as simple as that! The feed will be updated once every 24 hours, according to the module’s parameters. You may alter it to any rate you like, as long as your Exchangr API account permits it. For additional information, visit Exchangr’s website by clicking here.
Related post: 3 Reliable Currency Exchange APIs For Your Business
Also published on Medium.