The Forex industry is a place where a significant number of people get the opportunity to earn money every week, every day, and every second. Forex brokers provide this possibility, who are constantly growing because of the rapid development of the industry. More and more traders are obtaining an additional source of revenue there. Hundreds of such platforms are there now, and each one has its advantages, peculiar features that make them competitive with other brokers and attract players in the forex industry.
But no matter how different forex platforms are there in the market, they have much in common while talking about clients’ deposits. Since without depositing funds, customers can’t start trading, hence bringing profit to their broker. The payout issue is mandatory as traders want to receive earnings on the same credit card they have paid from. That’s why it is crucial to choose the right Forex Trading Merchant Account provider who will solve deposit and payout issues, giving you an extraordinary competitive advantage.
Does the forex industry fall under a high-risk industry?
Unfortunately, Yes! Due to various risks, banks and financial institutes consider the forex industry as a high-risk industry.
Here are the primary reasons to consider it high-risk:
- Fraudulent transactions:
- Chargeback:
- High-volume transaction processing
Due to the above reasons, traditional banks and financial institutes have classified the forex industry as a high-risk industry. They don’t intend to get involved in the forex business and rejects their application form as soon as they get it on their table. Things don’t go that smooth for a forex merchant while looking for merchant account service.
In such a situation, a high-risk merchant account service provider is the only option left for them.
WebPay as a solution for the forex industry
WebPays, as the best payment processing service provider in the industry, offers Forex Trading Merchant Account to the forex merchants. With its specialization in providing service to high-risk industries, it becomes easier to get merchant account service for the forex industry.
In order to make payment processing more convenient for forex merchants, we provide integration of high-risk payment gateway with their website. Power-packed processing and features with our payment gateway support you to make your payout safe, secure, and convenient.
Merchants can allow their customers to make payments via numerous payment modes like credit cards, debit cards, eCheck, ACH, mobile payment, etc. Plus, their customers can make payments via any internet-connected device. Moreover, merchants can process MOTO payments efficiently with the help of a virtual terminal through our payment gateway.
There are other benefits as well merchants get with our service. Here are some of them:
Multicurrency
Multicurrency payment processing is required when a merchant accepts credit card payments from their customers in diverse currencies.
For instance, you are practicing multicurrency payment processing. In that case, with your Forex Trading Merchant Account, you can accept payment from customers from different countries in their local currency.
Multicurrency processing can be quite complicating, with set-up including many international currencies. For instance, your forex business might service those customers who prefer to invest in different currencies. You will need a forex payment gateway to process large volumes of global transactions efficiently in such a situation.
As a merchant, you should ensure that your customer gets the best user experience. So, it is necessary to opt for services from a provider that provides the payment gateway with a coinage solution.
WebPays as a payment gateway solution provider caters to merchants with multicurrency processing. Merchants can accept payment across the globe in all major currencies and provide a customizable checkout displayed in various languages.
Safety
In this modern world, safety is elemental, especially while talking about the forex industry. Unfortunately, frauds on the internet are impossible to reduce to zero, but they could be prevented.
As a result of this, WebPays equips forex merchants with various fraud safety tools, which, due to their sophisticated features and setting, provides prevention to merchants from all sorts of card frauds. At the same time, without affecting the flow of genuine transactions. At WebPays, we are constantly working to make our fraud protection tools much better to safeguard your business from all sorts of fraudulent transactions.
Plus, Merchants can accept credit card payments with activated 3D secure options. With the 3D secure method, all your customers’ go through an authentication process eliminating payment via stolen cards. If a credit card doesn’t contain a 3D secure option, our risk specialists can propose a different solution to authenticate payers’ defending your business from risks.
Last but not least, our payment gateway is compliant with PCI-DSS Level 1 compliance. It serves you the ultimate safety level because we understand that there are many transactions in the forex industry, and a fail-safe gateway is an essential condition. Make your business safe with us.
Offshore Merchant AccountÂ
When talking about the forex industry, it is vital having a solution to manage payouts from global customers. The offshore solution supports you to widen your services worldwide. As a result, you can build a robust customer base and generate more revenue for your business.
WebPays has brought the solution for forex merchants to expand their business worldwide with its offshore merchant account service. International payment gateway integration along with your website supports you to manage your global payouts.
Plus, our no capping on transaction volume makes it more hassle-free for merchants to maximize the sales as much they want.
WebPays comes as the one-stop solution for the merchants for all their transaction needs.
Contact us
Still troubling with Forex Trading Merchant account, don’t worry, WebPays is here with a complete payment processing solution for your business.
Contact us right now to hear more about our services. Our experts will gladly educate you about us and our services.
High Risk Payment Gateways 