Best Forex Trading Merchant Account for Forex Merchants
by Tony Madison Payment GatewayWhat are Forex Trading
and the need for a merchant account?
Forex Trading is the
biggest and the most liquid of all markets worldwide with a daily turnover of
approximately 6.6 trillion USD dollars in 2019.
Forex or foreign exchange
is a chain of buyers and sellers, who pass on the currency between each other
at an agreed cost. It is the process by which an individual, company, and banks
convert the money from one to another.
The forex market
operates along with two different models. The first model involves currency
trading on the interbank market, where banks are the one's trading, and the
second caters to individuals who trade the currencies through brokers or the
trading platforms on the over-the-counter market.
Merchants need a
merchant account to manage their payouts. It helps them to collect and make the
payments. Having a Forex Trading Merchant Account and payment processing
service allows you to accept your payouts via credit card and debit cards from
your customers.
Why is it considered as
a high-risk business?
Businesses are
classified as high-risk or low-risk based on the amount of risk involved in the
industry. Many people are earning a lot through the forex trading market with
the help of forex trading merchants. Forex trade takes place between the pairs
of currencies, which means a person is a winner and a loser twain at the same
time, no matter which side he is of the trade.
Few risks involved in
Forex Trading
- Uncontrollable Market Risk
- Leverage Risk
- Counter Pay Risk
- Liquidity Risk
- Online Transaction
Solution for Forex Payment Gateway
It is a challenging task
for a high-risk business owner to get a high-risk merchant account for their
business. Due to the structure of their business and the high number of chargebacks,
they didn’t get payment processing service from the banks and other financial
institutions.
E-merchant comes as a
solution for forex trading merchants. It offers them a Forex Trading
Merchant Account for their high-risk business.
PayCly offers you an
immense solution for your business and helps you in the growth of your business
with its multi-beneficial Forex Trading Merchant Account. It
integrates a payment gateway with your website to manage your financial
transaction online.
With E-merchant pro, you
get the option to collect your payouts via diverse payment methods like a
credit card, debit card, ACH, E-check, and others. It helps you in increasing
your number of customers and sales for your business.
Here are some features
of Forex Trading Merchant Account
An effective Chargeback
management
Security tools available
in PayCly with Forex Trading, Merchant Account verify all the
transactions made by the customers and ensure the safety from the fraudulent
transactions and chargebacks.
A secure payment gateway
PayCly offers you a
non-3D and 3D secure payment gateway to the merchants to make their transactions
safe. To provide a safe and straightforward payment experience to your
customers, it compliance PCI-DSS level I certified security standard with SSL
encryption and API integration. It encrypts the payments data and provides
safety from theft.
The facility of diverse
currency payment option
Forex is an
international trading platform. Forex Trading Merchant Account offers
you diverse currency payment options to grow your business at a global level.
You can avail vast profits with merchant account solutions from us. You can
enable your customers to pay in several currencies such as the US dollar, Great Britain
Pound, Euro, and others. With multiple currencies, you can obtain numerous
currencies in your cash as well.
Credit card processing
We offer credit card
processing services to our clients for better business dealings. With credit
card processing, you can receive payment from your customers anywhere in the
world. It allows you to accept the payment from credit card and debit card. You
can collect your payment instantly in any currency. Credit card payments are
the most suitable payment mode used for international transactions and support
multiple card brands support like Visa, Master Card, and others.
You can boost your sales
immensely and can increase the number of sales for your business with credit
card payment processing.
An offshore merchant account
is access to the global market.
Get access to the global
trading market with E-merchant pro. PayCly offers offshore Forex
Trading Merchant Account to merchants to expand their reach to the
worldwide market.
If you are looking
for Forex Trading Merchant Account, connect with PayCly by filling
an online form. We have an expert team available to assist you in getting the
solution for your payment processing service. Just fill an online form, and our
experts will get in touch with you.
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Created on Aug 21st 2021 01:01. Viewed 441 times.