Migration to EUR currency for game developers

Latvia is joining Eurozone on January 1st, 2014. Due to laws of Republic of Latvia there are a couple of requirements all service providers (including game developers at draugiem.lv) have to comply with:

• Starting with 01.10.2013 all prices should be displayed in both currencies LVL and EUR, default currency displayed is LVL, users should be charged in LVL
• Starting with 01.01.2014 all prices should be displayed in both currencies LVL and EUR, default currency displayed is EUR, however users should be charged in EUR
• Starting with 01.07.2014 all prices can be displayed in EUR only.

Draugiem.lv has already made some steps in migration to EUR currency:

• Payment windows, which are used all over the website are displaying prices in LVL as well as in EUR currency.
• User account balance is shown in EUR currency.

Due to the fact that Draugiem.lv is already displaying prices in EUR, developers don't need to wait till 01.10.2013 in order to start displaying prices in EUR inside games.

Milestones for game developers

Date	Event
01.10.2013	Reports and income acts will contain total sum in EUR currency, payments will still be done in LVL currency
01.10.2013	Application profile income statistics will include total amounts in EUR currency
01.10.2013	Developers will be able to specify the currency of price they are sending to API Till 01.01.2014 all prices passed in EUR currency will be converted to LVL and users will be charged in LVL Starting from 01.01.2014 all prices passed in LVL currency will be converted to EUR and users will be charged in EUR Even applications that will not make any changes in their payment system will continue to work after 01.01.2014
01.10.2013-31.12.2013	Developers should display prices inside games in LVL and in EUR, default price (and the price users will be charged in) is LVL
01.01.2014	The default currency of reports and income acts will be changed to EUR
01.01.2014-01.07.2014	Developers should display prices inside games in EUR and in LVL, default price (and the price users will be charged in) is EUR

Prices

Latvia is joining Eurozone with a fixed currency exchange rate of 1EUR = 0.702804 LVL. We have already converted the available premium SMS prices:

Price LVL	Price EUR
0.05	0.07
0.25	0.36
0.35	0.50
0.39	0.55
0.49	0.70
0.60	0.85
0.75	1.07
0.99	1.41
1.50	2.13
2.00	2.85
2.50	3.56
3.00	4.27

Developers can specify their own prices when using credits as a payment method. All current prices should be converted to prices in EUR using exchange rate of 1EUR = 0.702804. One of the values of Draugiem.lv is honesty. Draugiem.lv WILL NOT RAISE when joining Eurozone and urge all developers to do the same.

At draugiem.lv we will use these prices for our services:

Price LVL	Price EUR
0.39	0.55
0.49	0.70
0.99	1.41

Specify price in EUR currency for credit payments

Developers can specify the price of payments in EUR currency at the moment they create a transaction.

Currently developers generate transactions using requests like this:

https://api.draugiem.lv/php/?app=app_key&apikey=api_key&
action=transactions/create&service=service_id&price=25

This case shows how developers generate a transaction for 0.25 LVL.

To generate a transaction for payments in EUR currency developers need to add an extra param &currency=eur

https://api.draugiem.lv/php/?app=app_key&apikey=api_key&
action=transactions/create&service=service_id&price=36&currency=eur

This case shows how developers generate a transaction for 0.36 EUR or 0.25 LVL.

Please pull your attention that there might be cases when currency conversion can not be absolutely accurate. For example, if developer will specify the price 0.22 EUR, it will be automatically changed to 0.21 EUR.

To eliminate misunderstandings we offer a tool which can be used by developers to check if the price they specify can be accurately converted: