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7 Answers to the Most Frequently Asked Questions About Forex Merchant Account

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Title: 7 Answers to the Most Frequently Asked Questions About Forex Merchant Account


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High Risk Merchant Accounts
7 Answers to the Most Frequently Asked Questions
About Forex Merchant Account Arun Dixit July 30,
2021 Uncategorized Forex Merchant Account, High
Risk Gateways, High risk Payment Processing,
Offshore merchant account, online payment gateway
Broker Notes suggest, 5.3 trillion dollars are
traded every day in the forex market. A Forex
Merchant Account and a Forex Payment Gateway are
exactly what your Forex business needs to be the
platform where the trade happens. The forex
market is rapidly expanding not only regarding
the traders but also regarding the
funds. However, many Merchants have recurring
questions that are common to all. And we are
ready with the answers to the questions you
need. 7 FAQs about Forex Merchant Account Ques
1 Why does one need a Forex Merchant
Account? Ans 1 Forex brokers or forex service
providers need an acquiring bank to accept the
payment for the forex trading. The acquiring bank
is the bank where the funds from the consumers
bank get deposited. To get an acquiring bank for
a Merchant, the business needs to open a
Merchant Account in the bank. In this Case Forex
Merchant Account to receive the acquiring bank
for themselves. Ques 2 Is a Merchant Account
enough to start with the Brokering? Ans 2 You
need a channel through which a trader can deposit
the money. They cannot simply bank transfer
every time they need to start trading. It is a
long and obstructive process. Therefore, a Forex
Payment Gateway is available. A merchant account
is just a bank account but along with a payment
gateway, it becomes a complete system through
which payments can be processed and the funds can
be transferred. Name (required)
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  • Ques 3 What should be the payment methods for
    Forex?
  • Ans 3 Speaking the truth there are ways to
    answer the question. Some of the users prefer
    speed whereas some want diverse modes and
    security. At EskayPay Global we have
  • Credit Card Processing it is one of the most
    preferred modes of payment.
  • eWallets a rising mode of payment that ensures
    rapid transactions
  • Net Banking many users prefer to pay securely
    through banks
  • Mobile Payments one of the swiftest payment
    methods
  • Cryptocurrency Processing the new-gen is all
    about cryptos.
  • ACH and eChecks ACH allows both credit transfers
    and direct debit. And eChecks help in swifter
    payment processing.
  • And many more ways to process the payments. We
    have an exclusive credit card processing feature
    because of consumers preferences and ease of
    payment.
  • Ques 4 What about Security? Which one, 3D or
    non-3D is the best?
  • Ans 4 It is all about the Broker to decide which
    one is the best. There are various advantages to
    each one of these. The 3D payment gateway will
    ensure the best level of security possible
    whereas the non-3D or 2D payment gateway will
    allow your traders to complete the transactions
    instantly. 2D payment gateway is beneficial when
    your Forex business is confident about the users.
  • Ques 5 Is there any feature that helps with
    Fraud and Chargebacks?
  • Ans 5 Not every PSP delivers protection and
    management services for Fraud and Chargebacks.
    At EskayPay Global we understand your business
    therefore, we have Fraud Protection services and
    Chargeback Management as well.

1. An Offshore Merchant Account will help your
business to expand faster. Moreover, it will
significantly reduce your taxes on the business.
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2. A 2D payment gateway will ensure that the
traders can complete the transactions seamlessly
and hassle-Free. It will be quick and easy.
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3. Credit Card Processing is one of the best
features of EskayPay Global. Along with
alternate payment methods, your Forex business
can see greater heights altogether. Ques 7
What Are the Benefits of Using EskayPay Payment
Gateway? Ans7 Merchants that use EskayPay as
Payment Gateway No More redirections for the
consumers. Global Card Saving is a great feature
for your Forex Business that EskayPay
provides. Have safe and secure transactions as
EskayPay is PCI-DSS compliant with SSL
encryption.
Conclusion Summing it up, these are some of the
FAQs that are asked in general. We have tried to
address the major commonly asked questions. We,
at EskayPay, provide the most superior benefits
for the Forex Merchants around the globe.
Moreover, we have complete assistance to the
merchants to exclusively tailor their needs and
demands. Our Payment Gateway along with the
Merchant Account will help your business to grow
over the competition quickly. You can also
expect 24 x 7 support from our expert team.
Enquire on our website and get a call back now!
All we need is your support and time to provide
you with the best solutions.
Tags Online Dating Merchant Account, Gambling
Payment Gateway, Escort
Merchant Account, 2d Payment Gateway UK, High
Risk Merchant Account
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Arun Dixit July 30, 2021 Uncategorized Forex
Merchant Account, High Risk Gateways, High risk
Payment Processing, Offshore merchant account,
online payment gateway
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