Cyprus based smart cashier software company Praxis Cashier has announced that it has included the Match2Pay crypto payment gateway as one of the PSP’s available in the company’s platform. The Match2Pay payment solution, developed by Match-Trade Technologies, provides a high acceptance rate for clients’ payments and is expected to be a valuable add-on to increase the available number of solutions at Praxis.
Praxis provides access to over 350 different PSPs with a single integration. It supports over 1,000 various payment methods, including tier-1 acquiring banks, e-wallets, APM’s, and crypto providers, and from now also the Match2Pay crypto payment gateway will be part of it.
The partnership between Match-Trade and Praxis, with both companies providing services to the forex industry, is a response to the expectations of many brokers who want to offer their clients a wide range of payment options without complicated integration with multiple providers.
“Praxis Cashier has long been integrated with our proprietary Client Office & CRM. The wide range of different payment service providers available at Praxis Cashier makes it an indispensable payment technology with which every major platform must be integrated. We wouldn’t be able to integrate so many payment options in such a short time. That is why it was so important for us that Match2Pay became part of the Praxis Cashier offering” says Michael Karczewski, Match-Trade’s COO who also states that the company hopes to reach customers who are unable to integrate individual solutions and are looking for a payment platform.
Praxis said that it places great emphasis on the effectiveness of the payments, and therefore the company works to improve the deposit acceptance rates by providing clients with an easy ‘do it yourself’ platform to ensure a smooth check out process with localized payment methods.
“We are extremely happy to add Match2Pay to our growing arsenal of Payment Solutions. After successfully working for an extended period of time with Match-Trade CRM it was a natural outcome for us to take our cooperation to the next level and integrate Match2Pay as well inside the Praxis ecosystem” said Angelos Iakovou, Head of the Payment Solution Division at Praxis. “We look forward to offering this solution to our merchants as Crypto based processing is growing exponentially in the high-risk industry and could very well replace the traditional payment methods in the years to come.”
Match2Pay allows settling payments in Crypto while offering investors trading in FIAT currencies. Thanks to the integration with reliable and cost-effective crypto exchangers, investors can buy cryptos via wire transfers and credit cards. The smart routing system implemented in Praxis Cashier ensures that card transactions will be routed to the appropriate PSP for which the transaction has the highest chance of approval. After successful payment, funds are instantly credited to the trading account to make the whole process smooth and very fast.
Match-Trade Technologies, operating since 2013, is a fully integrated forex and cryptocurrency technology provider that delivers turnkey matching engine solutions to all forex market participants looking to access the retail and institutional spot forex markets. We operate on a global market since 2013.