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What is Biz4x?

"With Biz4x, money changers can record transactions, generate stock and profit reports, monitor FX rates, run KYC compliance checks, and accept online customer bookings. "

Biz4x is an integrated platform for money services businesses (money exchange, currency exchange, bureau de change, or money changers) to manage all aspects of their business. Through Biz4x, money service operators can:

  • Record their stock, customer transactions, customer details, and generate management reports (stock/profit-loss etc)
  • Conduct customer due diligence via a compliance database (AML, PEP, and sanctions lists)
  • Monitor real-time FX rates
  • Publish rates both online and on a physical rateboard
  • Accept online bookings from customers
  • Engage in wholesale banknotes trading
  • Integrate Biz4x data into their systems through APIs

Biz4x is available both as a web app and on mobile (Android, iOS). It is used by money service businesses in more than 30 different countries.

Biz4x scored 61/100 in the Financial Services category. This is based on press buzz (25/100), recent user trends (falling), and other relevant information on Biz4x gathered from around the web.

The score for this software has declined over the past month. What is this?

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Financial Services Market Radar

Biz4x Product Overview

  • Record all stock of currencies and customer transactions

  • Generate management and regulatory reports (stock, profit-loss etc)

  • Conduct customer screening through a compliance database (AML, PEP, sanctions, SDN, US OFAC, etc)

  • Monitor and track real-time FX rates for all major currency pairs

  • Create customised rateboards and publish them online or to physical rateboards

  • Accept customer bookings on retail exchange rates

  • Automated rate update by predetermined profit margin

  • Support for multiple branches and permissions for different user roles

  • Engage in wholesale banknotes trading

  • Data APIs for system integration

Languages: English

Biz4x Features

  • 2-Factor Authentication
  • Accounts Receivable
  • API
  • Balance Sheet
  • Batch Permissions & Access
  • Billing/Invoicing
  • Budgeting
  • Calendar Management
  • CRM Integration
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • Expense Tracking
  • External Integrations
  • Forecasting
  • Multi-Currency
  • Multi-User
  • Notifications
  • P&L
  • Scheduling
  • Tax Management
  • BitCoin
  • PayPal
  • Stripe

Biz4x FAQs

Does Biz4x offer guides, tutorials and or customer support?

Yes, Biz4x offers help support in all regions of the world through chat, email, phone and in-person troubleshooting.

Detailed How-To guides walk the user through the set-up and use of Biz4x for daily operations.

Does Biz4x offer an API?

Biz4x provides live FX and compliance APIs so you can integrate quality data into your own in-house systems.

What is Biz4x generally used for?

Money service businesses use Biz4x to manage all aspects of their currency exchange operations. The platform provides them with real-time market and compliance data, a point-of-sale system for recording cost, amount of stock,customer transactions and a means of acquiring new customers online. Through Biz4x, money services businesses can conduct wholesale trading of banknotes among their peers.

Professional services and fintechs often use Biz4x Compliance for their risk assessment and management.

What platforms does Biz4x support?

Biz4x is available as a web app and can be used on Google Chrome, Safari, Microsoft Edge. The Biz4x mobile app can be downloaded on Google Play or the App Store.

Who are the main user groups of Biz4x?

Money services businesses such as bureaux de change, currency exchanges and money exchanges use Biz4x for all their business management needs.

Biz4x Compliance is also used by accounting firms, lawyers, corporate secretaries and fintechs.

Does Biz4x offer multi-user capability (e.g. teams)?

Biz4x can be set-up on multiple branches, and managed through a single console. This allows each retail branch to maintain their own set of Buy/Sell rates, currency set-up, reporting and data.

Users can be assigned to different roles (Teller, Compliance Officer, Manager, Owner) with varying levels of permissions. In addition, custom roles can be created for individuals.

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