PayFac Payment Platform
Share Dealing and Commodity Broking
Efficiency of payment disbursement is key to share dealers, commodity brokers and wealth managers – your clients will judge and compare how quick and easy it is to receive funds from deliver of these transactions. This is particularly so with international payments where the difference between a good and a bad provider is acute. Speed, accuracy and reliability of payment are the key success measures and PayFac can vastly improve both your customer service and the efficiency of your back office.
PayFac is available to Dealers and Brokers in 2 formats:
1.As a white label FX and Payment platform with your own branding to be operated by your back office to execute international disbursements from trades and customer accounts.
2.Connected directly to your dealing platform via API+ so that both trades and international disbursements can be handled together either by your dealers and back office or in a self service way directly by your customers
The advantages of PayFac
- Seamless connection using API+ to your existing dealing and customer platforms for efficient and accurate processing of payments
- Instant quotes for currency transfer so that trades can be quoted in the customer’s desired currency.
- Huge range of built in currencies and delivery countries with best in class delivery times
- Parallel compliance connectivity to allow fast customer on boarding and reduced compliance costs
- On line validation of payments to prevent errors
- Visibility of funding and a funding cycle to seamlessly fit your trade cycle
- Fast deployment – normally with 6 months of agreement
- Various partnership sharing models that self fund the platform and integration costs