Description
On an e-commerce site that sells abroad, product prices must stay up to date in different currencies. Tracking the rates of dozens of currencies by hand is both time-consuming and error-prone. Faprika's CBRT exchange rate integration transfers the rates announced by the Central Bank of the Republic of Türkiye to your site; your prices update automatically as rates change.
How Does the Rate Update Work?
First, you define the currencies you want to use on your site. The system retrieves the rates of these currencies from the Central Bank and loads them into the site. You can have the update run automatically at the time interval you set, or start it manually with one click whenever you want. The update is not limited to a single currency; all defined currencies are refreshed together.
Automatic or Fixed Rate
You can follow the rates automatically with Central Bank data, and you can also define a fixed rate when you want to keep your prices constant for a certain period. This way, you decide how sudden exchange rate movements are reflected in your prices.
Unlimited Currencies and Languages
There is no limit to the number of currencies and languages you can define on your site. You can add the currency of whichever country you sell to, show prices in that currency and accept payment in different currencies.
Price Multiplier by Country
With the country price multiplier system, you adjust product prices and taxes by country as a percentage or an amount. By adding a country-specific price difference on top of the currency conversion, you do not need to keep a separate price list for each market.
What Do You Gain with the CBRT Exchange Rate Integration?
- Automatic transfer of Central Bank rates to the site
- Update at a set time interval or with one click
- All currencies refreshed together
- Choice of automatic or fixed rate
- Unlimited languages and currencies
- Price multiplier by country as a percentage or an amount
These features are part of Faprika's e-Export solution.
To use the CBRT exchange rate integration, you can try our free demo version or contact us.
