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Multi Currency
3 years ago submited by Uwe Inthanet
Multi Currency
Hello QU Team,
I would appreciate if there in the near feature an improvment for real multi currencies. The addon should support
to setup a currency for each campaign. It's much easier to offer campaigns in the currency of the country where the campaign run. All the fuss to have the actual exchange we could forget. If I as merchant like to make it correct than I have to keep the exchange on the day of the sale and this for each commission and affiliate. Anyway I think I'm not the only one how need an improvment for multi currency.
Best regards,
Uwe
I would appreciate if there in the near feature an improvment for real multi currencies. The addon should support
to setup a currency for each campaign. It's much easier to offer campaigns in the currency of the country where the campaign run. All the fuss to have the actual exchange we could forget. If I as merchant like to make it correct than I have to keep the exchange on the day of the sale and this for each commission and affiliate. Anyway I think I'm not the only one how need an improvment for multi currency.
Best regards,
Uwe
I totally agree with that.
3 years ago Ben C
A real multi currencies would be great, beacause as Uwe said, it is much easier to attach a currency to a campaign.
Regards
Ben
Regards
Ben
Reports
3 years ago Viktor Zeman
If you will have option to have per Campaign different currency, it doesn't change the fact, that currency ration has to be up to date.
Otherwise I don't know how will look reports or other places, where is computed any sum of commissions.
This change request is interesting, but currently we don't have clear idea how to implement it, because on many places of application it will be problem to keep multiple currencies in one view.
Otherwise I don't know how will look reports or other places, where is computed any sum of commissions.
This change request is interesting, but currently we don't have clear idea how to implement it, because on many places of application it will be problem to keep multiple currencies in one view.
currency ratio
3 years ago Ben C
Hi again,
The matter is that currency ratio are fluctuent and it is very tricky to handle it. Maybe the right solution is to allow the possibility of create real distinct merchants account, those marchants will manage only specific campaigns and only one currency, but that means that it need to provide one reports for each 'merchants'.
Ben
The matter is that currency ratio are fluctuent and it is very tricky to handle it. Maybe the right solution is to allow the possibility of create real distinct merchants account, those marchants will manage only specific campaigns and only one currency, but that means that it need to provide one reports for each 'merchants'.
Ben
Easy Solution Resolving The Problem Multiple Currencies in Pap4
3 years ago Marc Wijnants
I see a lot of people talking about the Multiple currencies in PAP and that they have to keep the currency conversion up to date and how it is shown in Pap. Wel I fully understand it's almost impossible to build pap in a way that the screens can use more then 1 currency. So a default currency is fully understandable in PAP4.
Well, I thought this over a long time how to solve this; and I think we can solve this in a very simple way without changing PAP to mutch.
Okey, I'll explain the simple solution and I explain it with my own company as example.
In my PAP installation I use € EURO as my default currency. I also added $ USD as an extra currency and later on I also want to ad more currencies. So everything is computed to € because it's my default currency; right.
Okey, how to solve the problem with keeping track of the currency changes then. Well, very simple; there are tons of open source scripts out there that do a currency converting with direct currency parsing, so you only need to implement an open source converter to pap and the problem is solved.
Pap can check for the new currency conversions and change the commission details in PAP or the details can be parsed to Pap periodically (every hour, day for instance); it can also use the present exchange in computing the payouts. Pap allready has all the rest build in and it only needs to use the currency details it got from the currency convertion script with the right details. I think this should be easy to implement:
I did a simple search with google and filled out - open source currency conversion script -
Example to check (based on Joomla; if i'm not mistaken the pap script easaly works with joomla):
http://www.sourcecodeonline.com/list?q=joomla_currency_converter
This currency converter requires the site admin to specify the amount to be converted and the currencies to convert from and to in the script. This works well with simple output. The exchange rate is parsed directly from Yahoo.
So, PAP already has the feature build in and the problem is solved. It can specify for the admin/merchant so the merchant doesn't have to do it.
So how to use in a practicle way. I use my own company in this example (I also use DLGuard).
I have € as default. I sell an eBook for $47.00 usd witch is an added currency. After paying of customer the customer is redirected to my DLGuard. DLGuard sends the orderid, productid, totalprice, and $ (this tag option probably exists allready or needs to be added to pap tracking) to pap. Pap tracks this and knows the price is $47.00. Pap knows the $prise needs to be converted to € prise because that is the default currency for the system. Pap has the latest currencies (from Yahoo for instance) and can compute easely everything to €. That's it. An easy solution for the currency issues.
It doesn't matter how many currencies are used. As long it can be parsed to pap form yahoo for instance the problem is solved. Pap merchants only need to ad the price (+productid,orderid is also added a lot of times)to the pap script on sale + THE CURRENCY TAG; like they normally do in integration of the tracking codes. Off course it can also use all of this with click commissions.
So, that's it; an Easy Solution Resolving The Problem Multiple Currencies in Pap4
Please let me know what you think about this; or problems I didn't think about.
Best Regards,
Marc Wijnants
Well, I thought this over a long time how to solve this; and I think we can solve this in a very simple way without changing PAP to mutch.
Okey, I'll explain the simple solution and I explain it with my own company as example.
In my PAP installation I use € EURO as my default currency. I also added $ USD as an extra currency and later on I also want to ad more currencies. So everything is computed to € because it's my default currency; right.
Okey, how to solve the problem with keeping track of the currency changes then. Well, very simple; there are tons of open source scripts out there that do a currency converting with direct currency parsing, so you only need to implement an open source converter to pap and the problem is solved.
Pap can check for the new currency conversions and change the commission details in PAP or the details can be parsed to Pap periodically (every hour, day for instance); it can also use the present exchange in computing the payouts. Pap allready has all the rest build in and it only needs to use the currency details it got from the currency convertion script with the right details. I think this should be easy to implement:
I did a simple search with google and filled out - open source currency conversion script -
Example to check (based on Joomla; if i'm not mistaken the pap script easaly works with joomla):
http://www.sourcecodeonline.com/list?q=joomla_currency_converter
This currency converter requires the site admin to specify the amount to be converted and the currencies to convert from and to in the script. This works well with simple output. The exchange rate is parsed directly from Yahoo.
So, PAP already has the feature build in and the problem is solved. It can specify for the admin/merchant so the merchant doesn't have to do it.
So how to use in a practicle way. I use my own company in this example (I also use DLGuard).
I have € as default. I sell an eBook for $47.00 usd witch is an added currency. After paying of customer the customer is redirected to my DLGuard. DLGuard sends the orderid, productid, totalprice, and $ (this tag option probably exists allready or needs to be added to pap tracking) to pap. Pap tracks this and knows the price is $47.00. Pap knows the $prise needs to be converted to € prise because that is the default currency for the system. Pap has the latest currencies (from Yahoo for instance) and can compute easely everything to €. That's it. An easy solution for the currency issues.
It doesn't matter how many currencies are used. As long it can be parsed to pap form yahoo for instance the problem is solved. Pap merchants only need to ad the price (+productid,orderid is also added a lot of times)to the pap script on sale + THE CURRENCY TAG; like they normally do in integration of the tracking codes. Off course it can also use all of this with click commissions.
So, that's it; an Easy Solution Resolving The Problem Multiple Currencies in Pap4
Please let me know what you think about this; or problems I didn't think about.
Best Regards,
Marc Wijnants
Real multicurrencies
3 years ago Ben
Hi Marc,
I already implement a custom updater for my currencies, this is a good solution for the moment, but a better one would be real muticurrencies.
For example if I have a campaign that sell products in € I will pay my affiliates in €, but if I sell products in $ I will pay my affiliates in $. So convert $ to € at the sell time and € to $ when I pay is not that good.
Ben
I already implement a custom updater for my currencies, this is a good solution for the moment, but a better one would be real muticurrencies.
For example if I have a campaign that sell products in € I will pay my affiliates in €, but if I sell products in $ I will pay my affiliates in $. So convert $ to € at the sell time and € to $ when I pay is not that good.
Ben
Multiple installations
3 years ago Viktor Zeman
For now, if you want to separate currencies and not convert through one currency, you will need to install more installations of PAP.
Imagine how will be computed e.g. statistic if you will have multiple currencies. Such change will change philosophy of user interface as well as core of PAP
Imagine how will be computed e.g. statistic if you will have multiple currencies. Such change will change philosophy of user interface as well as core of PAP
hello Ben and Victor
3 years ago Marc Wijnants
Hello Ben and Victor,
Wel, I understand what you mean Ben and it's not a perfect solution in deed.
I sent this reply to Michel at QualityUnit Already and I just thought to put it in here because I also understand that the conversion script is not perfect and it would be great if it all could be done seperately.
Hmmm, well I think it’s extremely difficult in deed to make pap in a way that multiple currencies are visible in the merchant panel on lots of pages without building pap over again. That’s not an option off course. Well at this moment I have some ideas I’m working on to solve this problem so (we) merchants will be happy and it’s not to difficult for QU to build/implement. I have a master and slaves idea.
In short you have a master installment of Post Affiliate Pro 4 witch Is the same then it is now + extra button/option (after activating the multi currency plugin) to slave installments of a small part of Post Affiliate Pro. In these small installments the merchants and affiliate can find details of the slave currency.
So the merchant logs in to the Master Installment (currency is EUR for instance) like he normally does but wants to ad a new campaign witch is a USD campaign. He clicks on >more currencies< in the navigation menu. The submenu opens and he click on USD (for instance); then he is directly directed to the slave installment where he finds the details about the USD campaigns etcetera. For the affiliate it is the same. He logs in normally and has an extra button and submenu to the USD campaigns etcetera.
The slave installments are much smaller and can not run on it’s on. It needs the master to work at all (this as fraud protection for QualityUnit so it can run under 1licence).
For instance; all the templates are kept on the Master Installment and the slaves use these templates, the slaves also use the affiliate details the Master Uses like the affiliate id (very important it’s the same because there are also affiliates who want to join campaigns with different currencies).
So the License for 1 installment is the Master Installment and the extra installments is only the part so the other currencies can be shown. Of course later on QualityUnit can give extra options per Slave installment in updates etcetera as you go along.
So the merchant go’s to the slave installment he want to ad/run all details belonging to a certain currency; the affiliate does the same.
(no problem if affiliate needs to get a minimum commission per currency before they get paid and also no problem for merchants to payout in more currencies to the same affiliate who joins more currency campaigns)
I don’t know if you can make this with one database or more; no problem. It’s important off course most details like affiliate id are the same. Perhaps an extra database is needed for the slave to keep details.
So example of my installment.
Master Installment:
http://www.share4profit.com/affiliate/ etcetera is the master installment with Euro as currency (this is the full Post Affiliate Pro 4 installment)
Slave installment 1
http://www.share4profit.com/usd/affiliate/ etcetera is a slave installment with Usd as currency (this is only a small part of PAP4 to run the USD campaigns)
Slave installment2
http://www.share4profit.com/bp/affiliate/ etcetera is a slave installment with British pounds (this is only a small part of PAP4 to run the BP campaigns)
Slave installment etcetera, etcetera
Hopefully this makes any sense; this solution I’m thinking of. You can use the layout you have now and I even think it works better to do it like this. All those different currencies in 1 screen can also be very confusing (especially for affiliates who only want to make use of 1 of the currency campaigns)
Wel Ben and Victor, Please let me know what you think about this.
Marc
Ps. Ben What is your Website where I can see and join your program?? I'm building mine ad the moment and can't wait to officially launch in the beginning of next year.
Wel, I understand what you mean Ben and it's not a perfect solution in deed.
I sent this reply to Michel at QualityUnit Already and I just thought to put it in here because I also understand that the conversion script is not perfect and it would be great if it all could be done seperately.
Hmmm, well I think it’s extremely difficult in deed to make pap in a way that multiple currencies are visible in the merchant panel on lots of pages without building pap over again. That’s not an option off course. Well at this moment I have some ideas I’m working on to solve this problem so (we) merchants will be happy and it’s not to difficult for QU to build/implement. I have a master and slaves idea.
In short you have a master installment of Post Affiliate Pro 4 witch Is the same then it is now + extra button/option (after activating the multi currency plugin) to slave installments of a small part of Post Affiliate Pro. In these small installments the merchants and affiliate can find details of the slave currency.
So the merchant logs in to the Master Installment (currency is EUR for instance) like he normally does but wants to ad a new campaign witch is a USD campaign. He clicks on >more currencies< in the navigation menu. The submenu opens and he click on USD (for instance); then he is directly directed to the slave installment where he finds the details about the USD campaigns etcetera. For the affiliate it is the same. He logs in normally and has an extra button and submenu to the USD campaigns etcetera.
The slave installments are much smaller and can not run on it’s on. It needs the master to work at all (this as fraud protection for QualityUnit so it can run under 1licence).
For instance; all the templates are kept on the Master Installment and the slaves use these templates, the slaves also use the affiliate details the Master Uses like the affiliate id (very important it’s the same because there are also affiliates who want to join campaigns with different currencies).
So the License for 1 installment is the Master Installment and the extra installments is only the part so the other currencies can be shown. Of course later on QualityUnit can give extra options per Slave installment in updates etcetera as you go along.
So the merchant go’s to the slave installment he want to ad/run all details belonging to a certain currency; the affiliate does the same.
(no problem if affiliate needs to get a minimum commission per currency before they get paid and also no problem for merchants to payout in more currencies to the same affiliate who joins more currency campaigns)
I don’t know if you can make this with one database or more; no problem. It’s important off course most details like affiliate id are the same. Perhaps an extra database is needed for the slave to keep details.
So example of my installment.
Master Installment:
http://www.share4profit.com/affiliate/ etcetera is the master installment with Euro as currency (this is the full Post Affiliate Pro 4 installment)
Slave installment 1
http://www.share4profit.com/usd/affiliate/ etcetera is a slave installment with Usd as currency (this is only a small part of PAP4 to run the USD campaigns)
Slave installment2
http://www.share4profit.com/bp/affiliate/ etcetera is a slave installment with British pounds (this is only a small part of PAP4 to run the BP campaigns)
Slave installment etcetera, etcetera
Hopefully this makes any sense; this solution I’m thinking of. You can use the layout you have now and I even think it works better to do it like this. All those different currencies in 1 screen can also be very confusing (especially for affiliates who only want to make use of 1 of the currency campaigns)
Wel Ben and Victor, Please let me know what you think about this.
Marc
Ps. Ben What is your Website where I can see and join your program?? I'm building mine ad the moment and can't wait to officially launch in the beginning of next year.
extra info for Ben and Victor
3 years ago Marc Wijnants
Hello Ben and Victor,
In my comment I wrote: templates are kept on the Master Installment and the slaves use these templates. What I mean of course is that the themes are kept on the Master. Wel in short I mean that the basics are kept on the Master and to show and run the slave currencies on the slaves. Well you guys get the picture.
And off course I mean that the Raw clicks list, Commission list etcetera of the slave currency is shown in the slave installment. Activation of plugins and features are kept only on Master like it is now. So if it's not activated in the Master it is also available in the slaves. So to let something work on the slave activation is needed through the Master.
You can have multyple languages per slave if you want. Well you guys get the picture. I personally would be extremely happy if I could have these installments. I also want to run dollar and euro campaigns.
Marc
In my comment I wrote: templates are kept on the Master Installment and the slaves use these templates. What I mean of course is that the themes are kept on the Master. Wel in short I mean that the basics are kept on the Master and to show and run the slave currencies on the slaves. Well you guys get the picture.
And off course I mean that the Raw clicks list, Commission list etcetera of the slave currency is shown in the slave installment. Activation of plugins and features are kept only on Master like it is now. So if it's not activated in the Master it is also available in the slaves. So to let something work on the slave activation is needed through the Master.
You can have multyple languages per slave if you want. Well you guys get the picture. I personally would be extremely happy if I could have these installments. I also want to run dollar and euro campaigns.
Marc