In the new version of the PTV Developer Geocoding & Places API V1.8.0 we added a new parameter to the Places by Text endpoint.
Now a radius can be specified for a circular search context and the endpoint /places/by-text delivers results ordered by distance to the center. This includes, that the distance is added to the search result quality.
With the Geocoding & Places API you can create geolocation-based applications that enables users to forward/reverse geocode addresses with high precision, search and display geographic locations, such as shops and prominent Points of Interest (POIs) in various categories.
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