Currency Transactions

Transaction currency is a currency in which the client performs the payment. Initially, a transaction currency is the final currency in case of a conflict with the base currency. From USD to ILS, the demand for different currencies differs across the globe.

The benefit of it is that a TC can be automatically transformed if the money of the buyer differs from the seller’s currency. The only thing which is necessary – a code of the money, the client just needs to enter it so the currency could be identified.

Sources:

⠀ https://ikajo.com/glossary/transaction-currency