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Best Forex Merchant Account in New Zealand

If you are a forex broker looking for a forex payment processor to empower your traders to add funds via credit card, wire transfer, crypto transfer, etc., to the trading account, your destination has brought you to the right place. We are PayCly, the best forex payment processing firm that offers every payment solution, such as a forex payment gateway, a forex merchant account, and an offshore merchant account, to forex brokers in New Zealand.

I would like to draw your attention to the fact that Forex & CFD trading are completely legal in New Zealand. The Financial Markets Authority (FMS) provides licenses and regulates forex trading in the Land of the Long White Cloud. Due to several reasons, banks and financial institutions consider online forex trading a high-risk business. Consequently, they do not provide merchant accounts for forex brokers. But you do not need to worry, as many forex payment processing companies are there to offer you forex payment solutions, of which PayCly is the best.

New Zealand is one of the most developed nations in the world and has ranked top in various world indexes such as Ease of Doing Business, Press Freedom, Global Peace Index, and Economic Freedom. It is one of the least corrupt countries in the world, which encourages business owners to expand their operations in this Pacific nation. The forex trading industry is comparatively simple and adequately regulated in New Zealand.

What is a Forex Merchant Account, and why are they considered High-Risk?

A forex merchant account is similar to a business bank account that is provided by payment processing firms for business owners who deal in forex. It empowers forex brokers & trading platforms firms to accept the payment from their traders and allows them to keep and withdraw this received fund. On the other hand, a forex payment gateway is a technology that works as a bridge between the entities involved in the payment. It connects the trading platform, acquirer, and issuer to facilitate the safe transaction of payment details between them. By transferring the payment details, it enables online payment transactions.

A forex payment processing firm facilitates accepting payment via several payment methods and currencies, including credit or debit cards, crypto, wire transfer, etc. It allows traders to add funds via 100+ payment methods and 150+ currencies. As we told you, banks and financial institutions consider forex a high-risk business. These below mentioned are some of the factors due to which they are considered high-risk:

What to consider before choosing a Forex Payment Processing firm?

Payment processing is one of the fundamental needs for online forex trading platforms to accept online payments. Selecting a payment partner for your forex business is not so easy; before obtaining it, you must be aware of the features that a PSP must offer you. We have listed below some of the major features an acquirer must provide in its merchant account forex; please have a look:

Why should you choose PayCly?

One of the greatest companies in the world for processing forex payments is PayCly. We are the leading provider of forex credit card processing services in New Zealand, allowing traders to fund their forex trading accounts using credit cards. Our focus on the needs of the customer, the lowest MDR, the safest and quickest payment environment, the best security measures, and round-the-clock customer service enabled us to take the top spot in the industry. Furthermore, we provide 150+ currencies and 100+ payment options for your traders to fund their trading accounts.

We use sophisticated fraud-fighting technology, like artificial intelligence and machine learning, as part of our security procedures. Tokenization, SSL, SET, PCI-DSS level-1 compliance, 3D secure authentication, and other cutting-edge security technologies are also part of our comprehensive security system. Unregulated merchants can also benefit from our forex merchant accounts. Additionally, we assign you a dedicated support manager. Plus, we provide you with a quick payout (payment settlement). By choosing us as your payment partner, you can enjoy various benefits, some of which are given below:

Conclusion

New Zealand is a low-tax nation that issues licences to forex brokers so they can operate their trading platforms. After getting the licence, you must integrate a payment processor with your forex trading platform in order to accept online payments. We looked at a number of renowned payment processors and determined that PayCly is a perfect choice for any forex broker. PayCly provides customised payment services based on the merchant's demands as well as all other features. PayCly is what you are looking for; for additional information, reach our assistance team at https://paycly.com.

Frequently Asked Questions (FAQ)

Does PayCly also offer Casino & Gambling Merchant Accounts?

PayCly is the best not only in forex payment processing but also in casino and gambling payment processing. In New Zealand, we have the best casino merchant accounts and gambling merchant accounts. In reality, we are the best payment processing firm for any high-risk business.

What about the Escort and Adult toy merchant accounts? Does PayCly provide them?

As we told you, we are masters at high-risk merchant accounts and payment gateways. Furthermore, the escort and adult industry is regarded as a high-risk venture. As a result, we provide them with the best escort merchant account and adult toy merchant account. PayCly's escort and adult toy merchant accounts will include all the features of high-risk merchant accounts.

What other Payment Solutions does PayCly provide?

We are a well-known payment service provider offering high-risk merchant accounts and an international payment gateway in more than 150 countries. We offer the best forex merchant accounts in New Zealand for forex brokers. Additionally, we provide the best credit card processing for high-risk businesses. Using our experience, we have crafted a few state-of-the-art merchant accounts with high-risk and sector-specific features.

Casino Merchant Account Forex Merchant Account
E-Commerce Merchant Account Fantasy Gaming Merchant Account
Escort Merchant Account Adult Toys Merchant Account
Dating Merchant Account E-Cigarettes Merchant Account
Tobacco Merchant Account SMM Panel Merchant Account

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