Movie
Challenges / Merits
Home Currency Anywhere enables intuitive overseas transactions
B2B transactions
International business conducted in foreign currency is subject to the currency rate at the time the product is unloaded at the export destination.
This means businesses must consider potential currency fluctuations that occur during transport when engaging in price negotiations and when conducting financial accounting.
B2B importing, exporting, and trade,
as well as B2C cross-border online shopping websites,and more
HCA dramatically accelerates business
by overcoming the challenges of cross-border business.
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01
Speeding up cross-border business
Offering the world’s first (*) fixed-term guaranteed currency exchange rate, we guarantee the contract date foreign currency exchange rate for up to three months until payment.
HCA allows currency exchange bookings, which enables immediate determination of local prices and commencement of sales.
HCA provides peace of mind in transactions by providing a predetermined rate for contract payments and even refunds. -
02
Increasing customer experience value
Having a fixed rate for each foreign currency exchange allows users to confirm transactions in the currency of their home country.
Being able to engage in transactions in your own currency provides a sense of security for all parties when conducting transactions.
Features
HCA provides foreign currency exchange rate information through a proprietary currency demand prediction algorithm owned by M-DAQ (*) and delivers transaction information to customers via the safe and secure data distribution network owned by NTT Com.
*M-DAQ conducts actual currency conversions based on distributed information.
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01
Fixed-term foreign currency exchange rate guarantee
Daily foreign currency sales prices can be displayed to customers based on currency rates that are guaranteed for a fixed period of time.
This allows customers to confirm foreign currency sales prices in the currency they select at the time of transaction.
Additionally, within a fixed period of time after product purchase, this service also guarantees refunds at the foreign currency exchange rate at the time of purchase in the event of product returns, etc. -
02
Provision via API(*) for ease of system integration
NTT Com provides foreign currency exchange rates through an API.
This enables users to determine currency sales prices and make sales based on those rates.
Foreign currency transaction information is linked to M-DAQ via the API for currency conversions. -
03
Business support through safe and secure data utilization and application
Highly confidential transaction information is provided through the safe and secure data network provided by NTT Com.
HCA is one of Apps on SDPF, a collection of apps that enable data utilization and application via a link to the Smart Data Platform.
Click here for details.
Data and funds flows
①：Distribution of rate information
②：Distribution of foreign currency exchange information via API
③：Display of foreign currency sales price
④：Payment in foreign currency
⑤：Distribution of foreign currency transaction information via API
⑥：Distribution of foreign currency transaction information
⑦：Receipt of funds in foreign currency (bank account)
⑧：Foreign currency conversion
⑨：Foreign to local currency conversion and transfer(bank account), Conversion and transfer in own currency
Retail
Home Currency Anywhere is applicable not only for B2B transactions but also for B2C cross-border businesses such as Food & Beverage, retailers and cross-border e-commerce.
HCA enables to set prices in foreign currencies and keep them unchanged regardless of currency fluctuationsIt helps to further grow inbound businesses.This also enables foreign travelers and residents to see the sales prices in their own currency prior to payment, providing peace of mind during shopping and dining.
Home Currency Anywhere
Dramatically accelerate and improve cross-border business
Foreign currency exchange platform service with guaranteed rates
- World’s first: Own research
- Information on guaranteed foreign currency exchange rates: Foreign currency conversions based on the rates are conducted by M-DAQ Pte. LTD. an NTT Com’s partner company.
https://www.m-daq.com/ - API Gateway as a Service: A service provided by NTT Com that enables speedy and easy centralized management of API connections with other services. Enables the integration of API connection formats and data formats that differ between services.