Multi-currency setup

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Currency Management

If you are operating in multiple currencies, the amount charged to your end customer will be in the presentment_currency (used in Splio for example for personalization) and the one received in your bank account or used for consolidation will be in thebase_currency(used in Splio's dashboards or RFM calculation).

Splio systems need to have one base_currency per tenant in order to function properly.
As currencies conversion rates are very volatile and maybe quite different depending on your Payment Service Provider, Splio systems do not convert amounts between currencies.

• Currencies need to be codified according to ISO-4217 (for example EUR, USD…).
• We need to have a base_currency that is the same for a single tenant, whatever the currency used to charge your customer.
• In case you are operating in more than one currency, data can be enriched with a presentment_currency and product prices in many currencies that will be usable for message personalization.
  • Example of a brand operating sales in a single currency, for example, EUR:
    In a order file, is included:currency=EUR , total_amount=53.00
    In a product file, is included:currency=EUR , price=10.00
  • Example of a brand operating sales in many currencies, but consolidating sales in EUR:
    In a order file, for a sale that was operated in USD:
    Is included: currency=EUR, total_amount=53.00, presentment_currency=USD, presentment_total_amount=59.33
    In a product file, is included currency=EUR, price=10.00, price_EUR=10.00, price_USD=11.20
• Mapping: