Card payment processing for forex brokers.
The owners of any investment brand need merchant accounts (virtual payment terminals) in forex companies (brokers) so that their trader can deposit cash on their balance on the trading platform, as well as withdraw their earnings. All forex brands belong to the high-risk business category due to the large number of fraud and chargebacks (chargebacks). Therefore, most often banks and PSPs will issue a denial of processing to a forex company or request an expensive license. Laucharge will be able to connect a merchant account (acquiring) for a broker, forex, binary options and for another high-risk merchant.
How to register a company abroad and accept payments worldwide? Connect payment systems Stripe and Paypal to your business. Entering the international market, owners of online e-commerce firms from the CIS experience difficulties with onboarding a merchant account. At the same time, acquiring around the world is the most important task for starting a business. There are many payment systems (PSP), but the best in terms of patency and popularity of them are PayPal and Stripe. The main problem for CIS clients is that these financial institutions do not work with companies from the Russian Federation and the CIS. Therefore, the best way out of their situation would be to open a company and an account in Europe. What are the benefits of registering a brand abroad? The exit from the legislative norms of their jurisdiction will allow business owners to get into work new markets of such countries as the USA, European countries, Canada, Australia, Asian powers, which allows you to scale your business in ways that are not available in the jurisdictions of the CIS countries. In addition to the main advantages that make it easy to connect to any international payment system, there are also a number of additional nice additions: Low tax fees; Pathway to Business Formation Grants; Sustainable microeconomics and legislation (when compared with the CIS); A simple form of accounting economic reporting; Trust from buyers and contractors.