Leading global online transaction provider INFINOX has announced that it is expanding its payment options to include Electronic Money Institutions (EMIs).
INFINOX said this move, strategically timed as 2023 draws to a close, is designed to offer customers a secure, convenient and globally accessible alternative to traditional bank transfers. Recognizing the evolving needs of its diverse customer base, INFINOX is committed to providing innovative solutions that enable merchants to navigate the market both efficiently and confidently.
EMIs are regulated financial institutions specifically designed to streamline electronic payments, offering a significantly more efficient and convenient alternative to traditional bank transfers. Recognizing the transformative potential of EMIs, INFINOX has strategically selected renowned EMI providers working with Tier 1 institutions, ensuring maximum security and compliance for its customers
The company added that this innovative integration unlocks a world of possibilities for INFINOX’s geographically diverse customer base. With EMIs currently available in over 200 countries, merchants can now enjoy instant processing of deposits and withdrawals, allowing them to capitalize on market opportunities with immediate effect. Moreover, the user-friendly online platform offered by EMIs eliminates the need for paperwork or bank visits, greatly enhancing the ease of managing finances.
Beyond mere convenience, EMIs offer significant cost-saving advantages over traditional bank transfers. By minimizing unnecessary fees, traders can keep more of their hard-earned capital. This increased flexibility enables them to effectively manage their finances, funding accounts and withdrawing funds at their own pace, ensuring greater control over their trading journey.
Jay Mawji, CEO of INFINOX said:
“We are excited to offer our customers the added convenience and flexibility of EMIs. EMIs provide a secure and globally accessible solution that is perfectly aligned with our commitment to provide our customers with the best possible trading experience.”
About INFINOX
INFINOX is a global multi-arrangement online trading provider with a presence in 15 countries. Founded in 2009, for nearly 15 years it has put world-class trading power in the hands of traders. Every day, it enables thousands of clients across Latin America, the Middle East, Asia and beyond to trade a full range of asset classes, from forex to stocks and commodities and crypto CFDs.
The business is built on integrity and trust, earning a strong reputation in the industry. INFINOX is dedicated to providing clients with access to various market tools, dynamic products, competitive trading terms and personalized customer service. With a broad platform suite that includes popular options such as Metatrader 4 and 5, the innovative copy trading application IX Social and the fully customizable IX One platform, INFINOX provides tools for traders of all experience levels. These platforms ensure that traders have everything they need to navigate the financial markets effectively and efficiently.