Alternative Merchant Processing has the understanding to handle online credit card processing for Forex companies. Having worked with merchants involved in the Forex industry and other financial services companies, we have successfully helped our merchants Visa, MasterCard, American Express and Discover in 24-48 hours after receiving a complete merchant application. It is critical for Forex trading platforms and providers to be supported by state-of-the-art payment processing technologies that are PCI Compliant and have both domestic and international payment solutions.
Forex merchants are considered high risk merchants and typically many payment processing companies do not accept this type of business model for credit and debit card acceptance. Many banks and underwriters do not like any Forex related businesses due to the large ticket transactions and potential chargebacks.
Modern day online trading has become very popular in the past decade as more entrepreneurs and traders work from their home offices when utilizing payment processing to handle transactions. It is critical that these businesses have a secure platform so their customers can complete online payment transactions with no fraud issues.
In today’s competitive and fast paced business environment, choosing the right payment service provider for a business can be the difference between your company succeeding or failing – once a customer has a negative experience with your company, the data proves that the odds of losing that customer to a competitive are very high.