How to Perform a Currency Conversion

Last updated 5/27/2026 · 0 found this helpful · Original

1. Access the Currency Conversion Feature

There are two ways to initiate a currency conversion:

  • Click the "Currency Conversion" button in the Wallet Home under the Prepaid Balance section.

  • Click "Pay To" in the navigation bar. → Select "Currency Conversion" in the Transaction Category field.

2. Set Up a Currency Conversion Transaction

  • Ensure "Currency Conversion" is selected in the Transaction Category field.

  • Enter a Transaction Reference.

  • Choose the Currency and Amount you want to convert into.

  • Click "Next" once all required fields are filled.


3. Select the Payment Beneficiary

  • In the Recipient step, your own wallet is pre-selected as the Payment Beneficiary.

  • Click "Continue to Payment" to proceed.

4. Choose a Payment Method

  • In the Payment Method step, select one of your prepaid balances to use for the conversion.

  • Click "Choose Payment Method" to confirm.

5. Review & Confirm the Transaction

  • In the confirmation step, review the transaction details, including fees and the exchange rate.

  • Click "Confirm Payment" to complete the transaction.

How to View Currency Conversion Transactions

1. View in Wallet Home

  • Once the transaction is completed, you can see it under "Latest Transactions" in Wallet Home.

  • Currency conversion transactions are marked with a double-arrow purple icon.

2. View in the Transactions Page

  • Each currency conversion creates two entries in the Transactions page:

    • One OUT transaction (sending funds from your wallet).

    • One IN transaction (receiving funds into your wallet).

  • Fees are recorded only in the OUT transaction.

Email Confirmation

  • A confirmation email is sent once the transaction is successfully completed.

If you encounter any issues, please contact CargoWALLET support for assistance: support+wallet@caegoai.co

We hope you find this article useful!

Note: Images shown here are for illustrative purposes only.

CargoAi reserves the right to change the actual screen layout without prior notice!