Forex, also known as Foreign exchange, includes buying or selling one currency in exchange for another. As per the reports, the Forex industry has the highest cash flow because people, businesses, and countries all participate in it. It is a very easy market to get into without much capital. The forex industry helps you in converting money from one currency to another when you visit other countries.
But, when we talk about starting Forex trading online, a merchant account becomes our primary requirement. Merchant account helps Forex merchant is so many aspects which we will discuss in brief in this blog. Now, we need to understand the process of getting the Forex Trading Merchant Account.
How to get a Forex Trading Merchant Account?
We all are aware of the Forex industry’s dynamic nature, which is a huge drawback. And also the high number of risks and chargebacks. These factors become a reason for the banks and financial institutes to consider it as a high-risk industry. So, they do not want to get involved in this industry.
Forex merchants do not have any other option rather than going with a high-risk merchant account service provider. Due to their high costs and hidden terms, it becomes very hectic for them to operate their business.
eMerchant Pro is the perfect solution for merchants. You get fair and transparent pricing with us with an easy solution. Our belief is, you should worry about your business operations, not about payment gateway or processing.
How eMerchant Pro supports you?
The key requirement of a Forex merchant in US is a merchant account service with a feature-packed payment gateway US. And, eMerchant Pro fulfils their needs. Merchants get all the solution required to operate their business flawlessly.
eMerchant supports them in getting approval for the Forex Trading Merchant account and integrates the Forex Payment Gateway. With our experts, it becomes a hurdle-less task. They guide you step by step in the process.
Merchant account supports Forex merchants in managing their financial transactions. It gives them a platform to collect their payouts. The payment gateway helps you collect credentials from your customers and sends them to the appropriate card network for processing. These both services play a vital role while dealing with your customers online.
Other benefits with eMerchant Pro:
Multiple payment modes
Giving more than one payment option makes you a preferred choice for your customers. We help you process payment via various such as cards, ACH, eCheck, mobile payment, and others.
PCI-DSS Level 1 compliance
A secure payment processing service helps you gaining the trust of your customers. With our payment gateway, merchants get the PCI-DSS Level 1 compliance and SSL encryption and API integration to secure your payment processing and provide a smooth payment experience to your customers.
Chargeback and risk management
Risks and chargebacks are the two significant factors for Forex merchants. Security tools and fraud regulations help you to secure your business from fraudulent activities and chargebacks.
Coinage solution
Now, offer your clients to pay in their local or desired currency. With our payment gateway, you can process your payment in various currencies. eMerchant Pro supports all major currencies across the globe.
Online invoice
One of the topmost important features for any industry. You will be able to generate an invoice for your customer and send it to collect payment.
Credit card processing
Credit card payments are the best way to maintain the cash flow for any industry. Besides, merchants accepting card payment has a wide range of opportunity to target more customers. Many businesses and financial institutes believe that credit card payments are the safest payment mode available for any industry.
eMerchant Pro gives you the ability to process credit card and debit card payments with its merchant account service. With our credit card processing, you can target the customer’s preferred cards to make the payment. It helps you in enhancing your sales and earning more revenue for your business.
The offshore payment processing solution
As a Forex trader, if you want to expand your services range, eMerchant Pro has the solution for you. We offer an offshore merchant account to manage your financial transactions globally. International payment gateway integration with your website makes it simple for you to accept payment flawless from your global customers.
Besides, our acquirer banks do not put a cap on the transaction volume, which entitle you to process maximum transactions and maximize your sales.
You get all the features and services required to operate your business worldwide.
Conclusion
Do you own a Forex trading business and need an exact payment processing solution? eMerchant Pro is the right place for you. It has a solution for all the industries, whether high-risk or low-risk.
Forex merchants can easily get approval for Forex Trading Merchant Account with our experts. We help them with easy integration, scalability, and multiple solutions. We facilitate merchants with all the required services.
To help you run your business without any hassle with our payment gateway, we provide 24*7 customer support. Our expert team is highly dedicated to guide you and to answer your queries.
To know more about or to opt for Forex Trading Merchant Account, contact us right now.