How To Integrate Cuurency Updater app to your KartRocket Store
CUURENCY UPDATER
This app lets you automatically add currency conversion price to the actual price whenever your customer changes the currency from INR to any other Currency
It’s a Must App if you are selling your Products Internationally!
Selling internationally can include many risks, especially in payments, since, the currency rate keeps on changing, it might hamper the price of your products.
For example, if you are selling product X for INR 500 in India. After including the international shipping, payment gateways and other charges, suppose the total amount of that product in USA is approx. INR 1500. Suppose, the currency rate for US Dollars is INR 60 for today, then you can set the prize of your product $25. However, if the currency rate changes to INR 55, then the cost of the product adds up to $27.27. This puts you at a loss of $2.27.
Since, you cannot change your product prices every day, you can use KartRocket’s Currency Updater app to set up a nominal margin so that you don’t have to bear this loss on your own. With this app, you don’t need a multi-currency system or have a separate website. Currency Updater offers you an automatic conversion facility so that you can offer an indicative amount to the potential buyer’s local currency. This will also minimize the currency risk of your overseas business.STEPS TO INTEGRATE WITH YOUR STORE
1)Log in with the username and password details and your dashboard would open. See Below for reference
2)Click on Apps on the extreme left hand side
3)Go to the search bar on the top right side and search for the app
4)You will see the app displayed below
5)Click on the ‘install’ button to install the app6)The page will refresh and the ‘install’ button will change to a ‘settings’ button
7)Click on the ‘Setting’ button
8)On clicking on ‘setting’ button you will see the below page
9)Change the Status to ‘ON’. Assign Increase Percent and Decimal Places as per your business needs. Make sure that you decide the increase percent nominally so that the risk is covered. Also, the amount is not too high for your customers.
10) After you are done , click on ‘Save’
11) You will get a Success Notification!
12) The currency updater app is activated for your KartRocket store.
