CurrencyXchanger Software Reviews, Demo, and Pricing 2024.
Table of Contents
CurrencyXchanger (CXR) is a Currency Exchange Software designed specifically for small to medium MSBs (Money Service Businesses). CXR may be installed as a standalone, client/server, or cloud solution. It enables customers to generate auditable daily reports on volumes exchanged, sales statistics, and inventory balances, making it easier to manage your money exchange activities.
There are five different editions: POS, Business, Pro, Enterprise, and SaaS. Whatever the size of the firm, there is an edition to fit it.
The POS version is intended for tiny kiosks and establishments that only take and deal with cash and traveller’s checks. CurrencyXchanger POS has a sophisticated currency rate calculator, as well as the ability to print transaction tickets, keep client records, track currency denominations, manage end-of-day cash reconciliations, and more.
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CurrencyXchanger’s Business Edition is ideal for bigger or expanding exchange businesses that offer services such as check cashing, bill payment, and money transfer to customers (for example, currency wholesalers, banks, and credit unions). CurrencyXchanger’s Business Edition includes features like auditing, bank reconciliation, and reporting. CurrencyXchanger Professional has all of the same capabilities as the Business Edition, as well as certain capabilities for particular online money transfers.
Pricing of CurrencyXchanger
Starting price: Monthly payment of $120.00
Trial period: Available
Version for free: Available
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Features
- API
- Data Backup Scheduling
- Market Price Tracking
- Audit Trail
- Point of Sale (POS)
- Data Synchronization
- Rules-Based Workflow
- Real-Time Data
- Position Management
- Collaboration Tools
- Bank Reconciliation
- Position Management
- Data Import/Export
- Invoice Management
- Search/Filter
- Stop/Limit Support
- Real-Time Currency Quotes
- Client Management
- Audit Management
- Document Storage
- For Money Exchanges
- Transaction History
- Detailed Trade Info
- Set Default Amounts
- Margin Management
- Electronic Payments
- Reporting/Analytics
- Trade Confirmations
- Multi-Currency
- Transaction Management
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Pros & Cons.
PROS.
- It has been a joy to deal with such a competent firm, beginning with the simplicity of the installation procedure and continuing through a year of continual training.
- Accounting, currency exchange, customer management, booking system, and FINTRAC requirements should all be integrated.
- Ease of use, user-friendliness, excellent modules, and low cost.
- Provides real-time data. The client service is excellent.
CONS.
- The current version is limited in currencies.
- Because several of the coworkers had difficulty navigating the procedure, the program seemed to be geared toward expert users.
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