Online trading has become very popular among the new generation looking few years back. If save time, cost effective and most importantly the item are only few clicks away. When it’s come to Foreign exchange, most of the Money exchanges offer various services such as Click and collect (order only and collect from the nearest branch), Business delivery and Royal Mail secure delivery when ordering foreign currency via online. The process is very simple, less time consuming and hassle free comparing to traditional method where walking to money exchange bureau (MSB) spent time in queues, walking MSB to MSB to find a better rate and require stock.
Since online exchange plays a key role in money service business it’s important to connect web service with back office to reduce the manual works which use to handle before. VinIT Solution identifies the importance of the service integration and provides number of integration services via web site.
Our services are
1. Automatic rate update
Most of the money service business provides
Money exchange and Money transfer in
branch and via web service. But the transaction
rate may vary depend on the service and competition
in the market. It’s very important to keep regular
update on the web site during the market fluctuation
to maintain the competition with other competitors.
In order to perform regular updates will require
lots of man power. Using the Money Exchanger product
users can maintain multiple exchange sheets in the web
site without any manual process.
2. KYC (Know your customer)
Customer relationship is the key factor in any kind
of business. In Money exchange industry it’s a key
point to know whom you’re dealing with to prevent
money laundering activities. The practice will become
very harder to track when you have more than one
branch and also online service. Using the money
the money exchanger web service you can overcome
that issue by integrating the online customer module
to Money exchanger. Once the customer perform
any sort transaction using web service that will be
automatically synchronise with the money exchanger
once the transaction been proceed by the back
end staff. Hence if customer try to perform another
transaction via different branch the cashier can be
able monitor any sort of transaction which customer
done over 24h period.