FX and CFDs broker BDSwiss has announced a partnership deal with payment platform Ray Retailers to offer cash-based payment access.
While other firms are looking at cashless-based payment methods, BDSwiss thinks cash-based systems are still very relevant in many markets. The conventional payment method offered via the collaboration will utilize a single seamless API integration.
Although the main focus is on a cash-based payment system, the new platform will also offer other modern forms of payment methods to carry everyone along.
The Partnership Will Enable Ease In Payment Processing
The collaboration will allow BDwise to process deposits, withdrawals, and transfers through Mastercard, Visa, and Hipercard.
BDSwiss says the collaboration will be useful in LATAM’s population as the majority of them are underbanked. The complexity of payment processes in Latin America makes it very attractive for the introduction of the new payment method.
PayRetalers has a wide array of payment methods, with nearly 250 of them for clients. It also has a wider network coverage and offices in 12 major Latin American countries such as Argentina, Brazil, Mexico, Peru, and Chile.
Head of Payments at DSwiss, Andreas Evripidou, commented on the partnership. He stated that the new features on the platform will offer ease of use, safety, and flexibility for deposits and withdrawals for Latin American clients.
“We remain committed to always providing a superior trading and investing experience to all our clients,” he added.
BDSwiss Plans To Expand Operations
Although BDSwiss has its headquarters in Switzerland, it also operates in other jurisdiction with a license. Its Cypriot-based entity offers trading services in Europe
Apart from PayRetailers, BDSwiss has also entered into other partnership deals recently. It collaborated with PayPugs to expand its operations and payment options by offering a completely integrated digital payment solution.
The broker has also received International Organization for Standardization (ISO) certificates from TUV Hellas and TUV Cyprus
