INFINOX, a leading e-commerce provider, has announced what it calls a game-changing 17% rise in credit transaction approvals, accompanied by an even stronger 26% increase in Southeast Asia alone. This increase, the result of a strategic partnership, continues the company’s relentless pursuit to improve the trading experience for its customers worldwide.
In partnership with Praxis Tech, a renowned paytech solution provider, INFINOX said it has embarked on a journey to revolutionize customer experience by ensuring faster and smoother transactions. Together, they are reshaping the game by leveraging real-time data and cutting-edge functionality to streamline transaction processing approval rates.
Guy Karsenti, Chief Technology Officer at Praxis Tech, said,
“We are delighted to partner with INFINOX and contribute to the phenomenal increase in transaction approval rate. Leveraging our global PSP network and our feature-rich platform, which includes a bounce recovery suite, this partnership already delivers a greater payment experience to customers while simplifying their global payment operations.”
Looking ahead, INFINOX said it is set to enhance its local and mobile-based payment solutions to meet the diverse needs of its global clientele. These innovative payment solutions will offer greater convenience and accessibility, enabling merchants to seamlessly manage their transactions from anywhere, anytime. INFINOX already works with a range of recognized bank providers for wire transfers and has launched an enhanced EMI offer. giving their customers the ultimate in transaction processing.
The company said the advancements in the payment process are a result of its long-standing and strong relationship with Praxis, the leading Payment Orchestration Platform. INFINOX said it had benefited from Praxis’ incredibly experienced teams and leveraged its technology to bring its vision and its customers’ aspirations to life.
Commenting on these developments, Jay Mawji, CEO of INFINOX said:
“We are committed to driving innovation and delivering unparalleled value to our customers. Our upcoming initiatives aim to raise the bar in terms of customer service, merchant payments and further cement our position as a leader in the online trading industry.”
About INFINOX
INFINOX, a global provider of multi-arrangement online transactions and the Official Trading Partner of the BWT Alpine F1 Team, has earned a strong reputation for integrity and trust since its establishment in 2009. Serving clients around the world – with more than 15 offices, INFINOX facilitates trading different asset classes from forex to stocks, commodities and crypto CFDs. The company provides personalized customer service. service. INFINOX customers range from individual traders, social media transactions on the IX Social App, partners through the IX Partners Product and the Institutional IXO Prime offer.
About Praxis
Praxis Tech Ltd is a Payment Technology Software company, helping companies to simplify global expansion and optimize their payment infrastructure. They have grown exponentially in recent years and are a leading payment orchestration platform for merchants looking to grow their business, expand into new global markets and integrate with multiple payment solutions. Praxis currently integrates with 540+ PSPs and 1000+ payment alternatives, supporting more than 200 currencies.