Forex industry is best known as the industry with the most liquid and active industry in the world due to the global reach of trade, commerce, and finance.
The foreign exchange market is a worldwide marketplace to exchange national currencies.
Market participants use Forex to hedge against international currency and interest rate risk, speculate on geopolitical events, and diversify portfolios, among several other reasons.
In a nutshell, we can say the Forex industry has massive opportunities to grab. A merchant with an adequate Forex Payment Gateway solution can generate tremendous revenue and gain lots of profit for his business.
A payment gateway facilitates the merchants to accept and process card and other online payments safely and conveniently.
However, things don’t favor a Forex merchant while looking for a payment gateway service. Due to the nature of the business and risks involved in the industry, banks consider it a high-risk industry. But, it doesn’t mean that they can’t get a payment processing service.
Thanks to the high-risk payment processors like EskayPay, who offer services to all sorts of high-risk industries.
How EskayPay supports the Forex industry?
EskayPay is recognized as one of the top payment processing service providers in the industry. We have gained our expertise serving various high-risk industries in different regions. Our expert team has helped several industries take their business to the next level and generate massive revenue.
Our Forex Payment Gateway is specially designed for the Forex industry to process their transactions seamlessly. Unlike other PSPs, we don’t only provide a payment gateway service. We offer a complete payment processing service that includes Forex Merchant Account, payment processor, and payment gateway service.
In short, EskayPay is a one-stop solution for merchants looking for a payment processing service.
We offer you a secure platform that safeguards all the transactions in your business. Our payment gateway complies with various security standards and security tools. We come with advanced fraud protection tools and a chargeback management system to protect your business from unwanted loss that may take place. With our encryption tools, we safeguard sensitive card payment information from theft.
We provide multiple payment methods to merchants that help them to build a strong customer base. As we know, people love to have choices, and when they don’t get it, they leave. So not having multiple payment options may result in cart abandonment. To avoid such a situation, EskayPay facilitates merchants to allow their customers to pay via their desired mode of payment. We process payment through credit card, debit card, eCheck, ACH, mobile wallet, bank transfer, etc.
Mobile Wallet
A mobile wallet is a kind of virtual wallet that stores information from a credit card and debit card on a mobile device. It secures the process of making online payments and makes it more convenient for the users.
Benefits of Mobile Wallets
Secured access
Highly secured access can be counted as one of the benefits of a mobile wallet. A mobile device requires a password or fingerprint to unlock the device before initiating payment.
Adding an extra layer of security, the app also requires the passcode, use their fingerprint, or use the face scan from the user to unlock the mobile wallet application.
It will be impossible for anyone to make the payment through a mobile wallet without entering the essential security credential in case of theft. As a result, it makes mobile wallets more secure than other payment modes, which can easily get compromised.
Accessible and convenient
In terms of accessibility, mobile wallets are in the list of the most accessible and convenient mode of payment that makes making payment easier for the users.
This payment mode is preferred by the customers who look for a safe and swift payment mode for their purchase, rather than entering the exact payment details at every purchase.
After adding credit card information to the mobile wallet, users can conveniently make payments to make purchases swiftly.
Greater acceptance
People are more aware of digital wallets, and more locations and websites accept them as payment methods. This awareness of people towards mobile wallets has generated a need for merchants to obtain the benefits of mobile wallet payments.
Conclusion
The fame of mobile wallets is rising every day for a number of reasons. It comes with greater flexibility and convenience for the customers, offers better security, and is easy to use. As acceptance of mobile wallets is increasing day by day in more regions and websites, we will only see the continued popularity and use of e-wallets.
EskayPay is the right place for Forex merchants account to satisfy all their payment processing needs. We have everything that you require for smooth payment processing.
Our benefits are:
- Easy and cost-effective integration
- High-risk payment gateway
- Forex Trading Merchant Account
- Multichannel payment processing
- Credit card processing
- PCI-DSS Level 1 Compliance
- Offshore payment processing
- 24*7 technical support
Contact us
Are you involved in the Forex industry are fed up in search of an appropriate payment gateway for your business? No problem, EskayPay is always there to assist you.
Contact our experts to get brief information about Forex Payment Gateway or EskayPay right away.
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