The Exchange Rate API module enables your MLM platform to access real-time currency exchange rates for accurate international transactions. This feature is essential for businesses operating across multiple countries, allowing commissions, payouts, package purchases, and wallet balances to be automatically converted between different currencies. By integrating with reliable exchange rate providers, the module ensures that all financial data remains accurate and up-to-date.
Administrators can configure default currencies, set conversion rules, and automatically update rates at regular intervals, eliminating manual calculations and reducing errors. The module supports multiple currencies, making it easier to handle cross-border transactions and ensure fair compensation for members in different regions.
Integration with Wallet, Payout, Commission Manager, and E-Pin modules ensures that all conversions reflect correctly across the platform, maintaining transparency and consistency. The Exchange Rate API module enhances operational efficiency, provides reliable financial data, and empowers MLM businesses to manage global transactions seamlessly and accurately.
