Enable your business for currency automation

Use the FXmicropay API to seamlessly integrate powerful, automated FX and payment services into your business processes. Our guaranteed FX rates are used to dynamically price cross-currency products and services on websites, catalogues or internal systems. Mitigate FX risk by aggregating and automating currency conversion and enabling our guaranteed FX rates as a powerful netting tool.

Browse the core FXmicropay suite of APIs on the following pages. To gain access to our advanced range of APIs, register here. These cater for use cases such as longer dated currency settlement cycles and rate guarantees for currencies where you don’t receive the foreign currency.

Use case 1: Sourcing guaranteed FX rates for your web-site to enable cross-currency business

To facilitate your specific sales and checkout process, FXmicropay provides APIs to cater for each key interaction.

1

FX rate retrieval

FXmicropay provides foreign exchange rates, guaranteed for a period of time to suit your business. These would be used in order to set foreign currency pricing on your website.

3

Transaction submission

When you make a sale on your website, use our API to communicate the details of the transaction to FXmicropay. An FX trade will be automatically executed at the FX rate provided under step 1, mitigating your currency risk. 

5

Settlement in your preferred currency

FXmicropay will automatically credit your bank account with the appropriate amount in your preferred currency.

6

Reporting

The submission and settlement of transactions can be monitored through both customised, scheduled reports and through our interactive reporting app.

Introduction

Rate Retrieval

Manage Transactions

Deployment

Submit Transactions

Core Resources

Reporting

Other Resources

Error Handling

System Responses

Overview

Your Customer

FX Rate

Retrieval

Transaction Submission

Currency

Trade

Reporting

Customer

makes their

payment

in foreign

currency

Payment

in foreign

currency

CASH FLOW

Your Company

FXmicropay

TM

CASH FLOW

APP/FTP

API

API

1

3

5

2

4

6

2

Customer completes purchase in preferred currency

Your customer views your website in their preferred currency and goes through your checkout process to complete their purchase in that currency.

4

Customer makes their payment in foreign currency

The payment from your customer is completed in their preferred currency.


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FXmicropay offers a

range of advanced APIs to

cater for more specific business processes and requirements.


Register here to find out more about these APIs.

FXmicropay is a RESTful web service hosted on NatWest Markets servers. API calls are made over mutually authenticated HTTPS connections.

 

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