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20 June 2019

Biz4x Release 2.14: The Automation of Your Rates

We've consistently been improving the Your Rates feature over the years, by adding default profit margins and controls to activate or deactivate all rates at a go. The activation of Your Rates allows prospective customers to place an order on an amount of currency at the Buy or Sell rates you set through Get4x. In accordance with requests by the community, we have made it more convenient than ever before to update your rates by allowing for this process to be automated in Biz4x 2.14.

Automated Rate Update

With automated rate updates, you no longer have to manually update your rates ever so often. Biz4x automates the entire process for you by allowing you to select specific time intervals for when these rates should be updated from 1 min to 1 hour. To automate your rates, go to Business Management > Rates > Your rates.

Select how frequently you want your rates to be updated, by hovering over the grey D button on the Your Rates user interface. An option to activate rate automation and select the time interval between the refreshing of rates will appear.

The menu to activate rate automation and select the time interval between the refreshing of rates

Once a time interval has been selected for refreshing the rates, the rates will automatically be updated according to your pre-set profit margins and the mid-market rate. You will see a grey indicator counting down to the next time the rates will refresh. This updated rate will also apply to transactions that you are creating.

The grey indicator counting down to the next time the rates will refresh

Do note that the automatic refreshing of rates will cease when the browser is closed.

Steps to enable automatic rate refreshing

We welcome any feedback about the automated rate update feature at support@biz4x.com. We're planning a release soon featuring major improvements to Business Management, so watch this space!

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