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Money Schema

This document outlines the structure and usage of the Money object in our API responses.

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Money Representation

Monetary values are encoded combining the currency and amount, using the smallest unit of currency to ensure accuracy and prevent floating-point issues.

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MoneySchema Definition

The MoneySchema includes:

• amount: Integer representing the value in the smallest currency unit (e.g., pence for GBP).
• currency: ISO 4217 currency code indicating the currency type.

{
  "exampleMoney": {
    "amount": 1050,
    "currency": "GBP"
  }
}

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Supported Currencies

Supports any currency with an ISO 4217 code.

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Base Units for Currency

Transactions use the smallest currency unit to avoid rounding errors, e.g., 1050 in GBP represents £10.50.