Forex Payment Solutions

• Advanced payment routing: If multiple PSPs are integrated, the system intelligently routes traders to the best PSP based on their geographical location.
• Daily Limits Mitigation: When PSPs have daily processing limits, the system automatically switches between providers to ensure uninterrupted transactions.
• Omnichannel: The system is compatible with any number of other payment system aggregators, allowing brokers to maintain flexibility in their payment infrastructure.

Works with Any Payment Service Provider

Kenmore Design works with any Payment Service Provider. Whether through a gateway of your choice or directly via a PSP, you can start accepting payments from day one.

We also assist in selecting the right PSP for your business by guiding you to a provider that aligns with your target audience and business model.

Hundreds of Supported PSPs – And More on Demand

Our Forex PSP aggregator already supports hundreds of payment providers, covering a wide range of regions and payment methods. However, we understand that every broker has unique needs. If your preferred PSP offers an API, we can integrate it into our system on demand, ensuring your brokerage has access to the payment solutions that fit your business best.

Key Features of Our Forex Payment Solution

• Multi-PSP integration: Connect multiple payment providers to diversify deposit and withdrawal options.
• Smart routing & payment balancing: Automatically route payments to the most optimal PSP based on location and transaction limits.
• Automated deposits & manual approvals: Transactions are processed instantly or require approval from your Compliance or Accounting team.
• Custom integrations: Expand your payment options beyond our existing PSP network.

Currency Conversions for Instant Deposits

Deposited funds are processed through a conversion workflow, ensuring they match the currency of the trader’s Trading account. Exchange rates are sourced from trusted providers and can be adjusted based on your brokerage’s needs.

Forex Payment Processors for Withdrawals

Automated withdrawals are an essential feature for many traders. Kenmore Design supports numerous PSPs that allow for payouts directly to clients. We have refined the workflows and security protocols to ensure a smooth and secure withdrawal process.

Crypto Deposits and Withdrawals for Forex Brokers

With rising merchant fees and increasing banking challenges, Crypto deposits and withdrawals have become a preferred alternative for many brokers. Crypto processing allows for deposits to be instantly converted into the account currency.

Alternative Payment Options

If you do not require automated payment processing the CRM has more options to consider:

• Traditional Transfers: Display your brokerage’s bank, crypto, or wallet details, along with other deposit instructions, on the deposit options page. Traders can use the same form to request withdrawals.
• Local Depositor: Designate selected IBs or referrers to transfer funds from their IB accounts to their referred clients’ trading accounts. These IBs then settle directly with the traders. Withdrawals follow the same process but are initiated by the trader.

Enhance Your Brokerage’s Payment Infrastructure

With Kenmore Design’s Forex payment system aggregator, you get a scalable, efficient, and highly adaptable payment solution tailored for the forex industry. Ensure fast transactions, global reach, and optimized processing – all with a system designed to meet the demands of forex brokers.