PayCly is one of the best forex merchant account providers in the Hashemite Kingdom of Jordan. We provide every payment solution for forex brokers, including a forex payment gateway for forex brokers, credit card processing for forex trading platforms, and so on.
The FX market, which has daily transactions exceeding the value of USD 7.5 trillion in 2021, is the biggest and most liquid market in the world. Forex trading was once exclusive to banks and other huge financial institutions, but ever since it became accessible to the public, it has grown significantly, and billions of individuals all over the world are now taking advantage of it and profiting handsomely from it. Online forex trading is permitted in Jordan, and a merchant can open a forex brokerage firm in Amman without difficulty.
What are the requirements to start a Forex Trading Business?
The term "forex" refers to currency exchange; the online FX market is where currencies are traded. Launching an online forex trading platform in Jordan is simple because all you need is a mobile app or website, a forex payment gateway, and a forex merchant account. After creating a website, you must take payments from traders; to do so, you need a payment gateway and a forex merchant account.
A forex merchant account acts as a business bank account as it allows you to accept, hold and withdraw the payment you receive from your traders. On the other hand, a forex payment gateway is a mechanism that allows online payment transactions by transferring payment details between the issuer, acquirer, and card company.
A forex payment processor or acquirer enables you to accept online payments via various payment modes, including credit cards. It incorporates an online forex gateway and a merchant account into your website or application, enabling you to expand your business globally.
What to consider before choosing a Forex Payment Processing firm?
It is challenging to acquire a forex merchant account or payment gateway for a forex broker since you have to consider several qualities that a PSP must give for quick and safe payments. The fundamental features that a forex payment processor needs to have are listed below.
Why should you choose PayCly?
Our customer-centric approach, cutting-edge security measures, and dependable and trustworthy services have helped us establish ourselves as Jordan's leading provider of FX payment processing. We provide you with the most affordable MDR and service prices in Jordan. We facilitate your traders to add capital to their forex accounts using 100+ alternative payment modes and 150+ currencies. Businesses get an advantage by accepting online payments made with credit or debit cards, bank transfers, wire transfers, cryptocurrencies, and local payment methods. It enhances consumer interaction, which ultimately helps to produce revenue.
We have a strong commitment to providing our customers with the highest degree of payment security and fraud prevention. The security system is equipped with a number of cutting-edge technologies, including AI and ML, as well as PCI-DSS level-1 compliance, 3D secure authentication, SSL, SET, tokenization, AVS & CVV checkers, and others. Because of PayCly's outstanding, secure payment technology, forex brokers can offer their clients a sizable amount of leverage. Our Tier-3 chargeback prevention solutions also safeguard you against any erroneous chargeback claims.
We serve regulated and unregulated merchants and provide them access to our Forex payment gateway. We also assign you a dedicated support manager. Moreover, we offer you a timely payout. We also grant speedy approval to FX traders. These highlighted distinctive qualities of PayCly are just a few of many that make it one of the finest Jordanian PSPs providing Forex payment services. We give you several significant benefits, some of which are listed below:
Jordan is an emerging, upper-middle-income economy that promotes the internet market in the nation. This is one of the major reasons for the growth of retail forex trading in Jordan. As much as people are trading in forex, the need for forex brokers is rising. PayCly, as a PSP, encourages forex brokers to start their forex trading platform with its help. In Jordan, we are the top forex payment processor, providing the best merchant account and online forex gateway. Choose PayCly as your payment partner; contact us at paycly.com.
Frequently Asked Questions (FAQ)
Does PayCly Provide Forex Merchant Accounts to New Forex Brokers?
Yes, we encourage newbies to be business tycoons by offering them forex merchant accounts, forex payment gateway, high-risk merchant accounts, and other payment solutions that a business may need. Also, we provide an international payment gateway for them so that they can expand worldwide.
What other Payment Solutions does PayCly Provide in addition to its Forex Payment Gateway?
Since we are the finest provider of high-risk merchant accounts, we provide you with the best FX merchant account and payment gateway. Additionally, we provide the industry's top offshore merchant accounts and credit card processing. We've also created a few special merchant accounts with high-risk and industry-specific features in fields where we have a lot of experience.