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Showing posts from June, 2023

7 Reasons to Choose PayCly as a Forex Merchant Account Provider

  Forex is the trading of currencies over online platforms. It is said to be a decentralized, over-the-counter market for currency trading. It is the most liquidated business in the world. And it is also known as the business with the largest daily turnover on this planet, with a daily turnover of 7.5 trillion US dollars. Forex is a business that is operated entirely via online platforms. It is known as the biggest profit-generating business in the world, but it is also recognized as a high-risk business. There are many reasons why it is considered a high-risk business, such as a high chargeback ratio, a highly volatile market, and many more. Because forex is considered a high-risk business, banks and other merchant account providers hesitate to provide a forex merchant account to forex brokers. But there are many merchant account providers that provide high-risk merchant services . One such merchant account provider is PayCly, which is known as one of the top high-risk merchant acco