Forex Merchant Account

Forex, also known as currency exchange, is where the worlds currencies trade. Daily trading volumes exceed five trillion dollars. The industry itself can be quite complex and deemed high risk by the majority of merchant account providers.

Looking for Forex payment processing? You’ve come to the right place. ChargeMoney provides binary options & Forex merchant accounts for companies located throughout the world.

Services we Offer

Benefits of Forex Payment Processing

Our goal is to deliver you the lowest rates, fastest approvals, and best terms available for Forex merchant accounts. High volume processing gives you the ability to accept payments effortlessly.

Low Rates

Contact us today for a free, no-obligation rate comparison.

High Volume Processing

Get the processing capacity you need to manage & grow your business.

Extensive Bank Network.

Diverse processing among different acquiring banks. Mitigate Forex processing risk by reducing the dependency on a single financial institution.

High Ticket Processing.

Accommodate your VIP traders with ease.

Multiple Payments Methods

Accept all major card brands. Add alternative payment methods preferred in various countries.

Multicurrency Processing

Forex is an international trading platform. Forex merchant accounts let you accept payments and receive settlements in all major world currencies.

Extensive Fraud Management Tools.

Customizable fraud protection weapons keep processing safe.

Multi-Channel Payments

Accept payments online. Unlimited virtual terminals for MOTO transactions. Accept mobile payments. Or upload bulk processing files for rapid processing.

Forex Credit Card Processing Gateway

Integrated with major shopping carts, CRM and accounting systems. Speedy exchange of processing data enhances productivity.

Reasons Forex Merchant Accounts are Classified as High Risk

Acquiring banks classify Forex merchant accounts as high risk. Forex is a global trading platform. No country has jurisdiction over another country’s currency. Although most reliable Forex trading platforms are licensed, others are not. The lack of regulation is a major concern to banks which then classify Forex payment processing as high risk merchants.

Still, Forex credit card and debit card payments are a hugely valuable to trading platforms. Cards are the fastest way to fund accounts. Time is money. Traders need to fund accounts quickly. The difference between a profitable trade and loss is often decided in minutes.

Although the use of credit cards for Forex trading is not legal in the US, debit cards can still be used to fund accounts. And traders in many other countries can use credit cards without any issues.

Another reason for the high risk classification for Forex payment processing is due to potential chargebacks from unhappy investors and the risk for fraud. Traders who lose money can attempt to dispute a transaction by issuing a chargeback. Additionally, concerns about money laundering cause some acquiring banks to steer away from the industry.

Many of these concerns can be alleviated during the underwriting of your Forex merchant account. Having proper licensing in place is helpful for account approval. As are strong anti-money laundering and know-your-customer policies.

Start your Forex Merchant Account Services Today

Businesses looking for a merchant account for forex brokers anywhere in the world are welcome to apply for a payment processing account. Our simple application process will allow your brokerage to be approved within a few days. Our firm requires a simple application to be completed while submitting a few supporting documents.

Our forex merchant services underwriters will review the account and provide feedback, usually within 24 hours. Contact one of our forex payment processing specialists today to get started.

Travel Merchant Accounts

Still, reliable and affordable travel merchant accounts are not always easy to get. The main reason is that the travel industry is considered high risk by acquiring banks. Yet, there are many banks both in the US & internationally that are keenly interested in providing payment processing to travel merchants.

Looking for a travel merchant account? You have come to the right place. Travel merchants in the US & throughout the world successfully use our payment processing solutions to boost revenues, reduce costs, and maximize profits

Services we Offer

Travel Merchant Account Overview

Most travel agencies ask the same question: “Why is Travel called high risk?” and “Why my application is denied?”. The answer is very simple. Travel is a very dynamic business. In many cases, a travel agent takes payment as a third party. A travel agent may charge a customer for a hotel stay, vacation package, cruise, airline ticket, and so forth. Any change in such tickets, which is sometimes uncontrollable by the merchant, is making the merchant liable for a chargeback.

Today, many travel agencies do not charge airline tickets, hotels, and other travel fees on their own merchant account, but rather, charge it directly through the airline or travel provider. This method is well respected by many payment processors, but others still stay behind with a conservative approach and try to avoid travel agencies and other travel-related merchants.

ChargeMoney Approach

We, at ChargeMoney, evaluate each travel agency individually, we learn and study your method of doing business so we can board you with the acquirer that would feel most comfortable with your business model. This is how we are able to provide a reliable travel merchant account. Simply by listening to your requirements.

The process is relatively simple but does require some documentation from the bank, to validate your information. A ChargeMoney merchant specialist will guide you each step of the way to ensure quick approval.

ChargeMoney provides a variety of payment processing services to travel merchants. We have merchant accounts available domestically and offshore. Each merchant can choose between using the ChargeMoney payment gateway to any other form of processing such as a retail credit card machine.

Payment Processing Technologies:

Start your Travel Merchant Account Services Today

Even though credit card processing for travel agencies and other businesses in the travel industry is a high risk, it’s still possible. Merchants will have to demonstrate a reasonable level of risk to establish merchant services. At ChargeMoney Payments, we can help businesses operating in a responsible manner find hospitality merchant account services without excessive costs or fees.