Cyprus-based forex broker FXPrimus said on Tuesday it has adopted YuuPay, a Singapore-based online payment system, and made it availbale for its clients to use it to make deposit payments. The new service is offered to clients in Thailand, China, Dubai and Singapore.
Clients in the countries where YuuPay will be available already have access to other local and global payment methods. The broker accepts deposits and allows withdrawals via bank transfers, Visa and MasterCard, and Amex bank cards, as well as e-wallets Neteller, Skrill, FasaPay, China UnionPay, Payoneer, Ezeebill. It also supports Bitcoin payments. In addition, traders can make deposits using ClickandBuy.
“We are all well aware how the payment arena is rapidly changing and we at YuuPay ensures that we keep ourselves committed to bringing more innovative solutions to respond to the growing demands of the industry,” YuuPay CEO Yoav Elgrichi said.
FXPrimus waived all handling fees for deposit and withdrawals in December 2015.
YuuPay is provides merchants with online and mobile payment services and alternative payment solutions, including YuuPayOut, which allows businesses manage their payout requirements. YuuPay also provides solutions for mobile shopping and handover, or payment transactions between two devices. It also offers customized mobile projects, such as e-wallets that allow payment and coupons and ticketing platform.
The company is based in Singapore and has offices in the US, the UK, and Australia, as well as business partners in the US, Australia, and Germany.
FXPrimus is a broker of forex, commodities, energies and indices. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and can offer its services to clients from all EU member states.