Understanding Quotes in meCash
The meCash Quote API provides live, real-time currency exchange rate. It shows users the exact amount a recipient will receive before they send money. The API calculates quotes using current exchange rates, transaction fees, and business rules.
You can see the API working live on the meCash website.
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How the Quote API Works
User Sends request
Users fill in the source currency, target currency, and amount on the meCash platform.
Quote API returns response.
The Quote API retrieves live exchange rates and applicable fee data.
Breakdown of the Response
- Exchange rate
- Transaction fee
- Final amount (in target currency)
Supported Countries, Country Codes, Currency Codes, and Payment Channels for Quotes
| Country | Country Code | Currency Code | Payment Channel |
|---|---|---|---|
| 🇦🇹 Austria | AT | EUR | BANK_TRANSFER |
| 🇨🇦 Canada | CA | CAD | BANK_TRANSFER |
| 🇨🇳 China | CN | CNY | ALI_PAY or WECHAT |
| 🇩🇪 Germany | DE | EUR | BANK_TRANSFER |
| 🇬🇭 Ghana | GH | GHS | MOBILE_MONEY |
| 🇨🇮 Ivory Coast | CI | XOF | MOBILE_MONEY |
| 🇰🇪 Kenya | KE | KES | MOBILE_MONEY |
| 🇳🇬 Nigeria | NG | NGN | BANK_TRANSFER |
| 🇸🇳 Senegal | SN | XOF | BANK_TRANSFER |
| 🇿🇦 South Africa | ZA | ZAR | BANK_TRANSFER |
| 🇬🇧 United Kingdom | GB | GBP | BANK_TRANSFER |
| 🇺🇸 United States | US | USD | BANK_TRANSFER |
Why Quotes Matter
- It shows transparency – Users get to see the exact exchange rate and fees upfront.
- It helps users make informed decisions before completing a conversion.
- It applies business rules to ensure compliance with meCash policies.