Why precision matters in payments ledgering

You’ll never hear an accountant (or an engineer, for that matter) say, “That’s probably close enough.” When you’re dealing with financial transactions—or building a system to record and handle them—precision matters . If you keep an eye on Moov’s changelog —where we post new products, features, and improvements—you might’ve noticed updates to the precision of our ledger. We upgraded transfers, wallet transactions, and wallet endpoints to handle additional decimal places: up to nine decimal places to be exact (because, again, precision matters).