Conotoxia.com has enabled a solution for companies looking for a reliable source of real-time exchange rates through a convenient API.
The range of services available on Conotoxia.com web portal has long gone beyond the standard offer of an online bureau de change. However, the rapidly growing set of services is still related to currencies, so the access to the most up to date exchange rates remains a critical matter. Now, the international fintech wants to share this access with businesses that need real-time currency rates to work out costs in foreign currencies and negotiate with international business partners.
On Conotoxia.com we can find five variants of this service, differing from each other by the monthly number of requests and price. The packages are tailored to different types of customers, from start-ups to global e-commerce and SaaS solutions. The first group, businesses that have been on the market for less than 24 months, can use the solution for free — up to 5,000 queries per month. Each variant guarantees access to exchange rates of over 130 currencies — which generate more than 18,000 currency pairs. The data are updated in real time or once a day — depending on a chosen option, and provided in the universal JSON format. After selecting a variant and signing the contract, a customer receives access to API that integrates easily with its software.
"Companies operating in the international environment are well aware of the risks related to not having access to a reliable data source. Estimating costs and revenues in foreign currencies can become a real torment if a company does not have an insight into current exchange rates. As we run a multi-currency financial services company, we understand that better than anyone else. Exclusively for start-ups, we have prepared a free version of the service. We were such a company ten years ago, and we know that the beginnings can be difficult," says Piotr Kicinski, Vice-President of Cinkciarz.pl, part of Conotoxia Holding.
Currency rates for companies supplements the fintech’s offer for businesses. Conotoxia.com already enables, among others, an original payment system for e-commerce, Conotoxia Pay, and a solution for receiving and managing incoming payments — Conotoxia Collect, used for instance by transport companies.
More information can be found at https://conotoxia.com/business/currency-rate-for-business.
The service of Currency Rates for Companies is offered by Cinkciarz.pl Marketing Sp. z o.o.