SupaBinary Gets A Custom Made Affiliate System from Tradologic
Friday,17/10/2014|15:41GMTby
Vasil Velev
The Asian financial market is known to have its own specifics and Tradologic have devoted time and effort to cater to the needs of their most prominent label in the region.
SupaBinary has grown to be one of the most dynamic binary options brokers, which use Tradologic's platform and the relationship between the two companies is expanding, confirmed by the option provider's focus on the South-East Asian market and a new solution which the platform provider has presented.
Tradologic announced today the development of a product that takes into account the way many businesses, trading and gambling are done in the region - the so called Agent System. The product is an affiliate system that allows binary option operators in South- Eastern Asia to have land-based agents, which is the contrasting peculiarity of the Chinese market in particular.
"The agent system is an important addition to Tradologic's products as our company is the only binary platform provider to offer an affiliate system that is convenient for the Asian market," said Ilan Tzorya, CEO of Tradologic.
The system is indeed unique for the binary options industry, as it allows transactions to be distributed across the Agent System, reducing risk for all sides. Adding to that is the benefit for operators in the region to have face to face contact with an entire network of agents and traders, but still record the changes in the trades and changes in balance as part of the Tradologic platfrom.
The Agent System allows traders to place their predictions and depending on the outcome, to either receive a profit or pay the losing amount. The difference with the online version is that transactions can be done not only through credit cards, but also with cash balances distributed by the operator. All activities on the platform are recorded and settled each week, or at the end of the month.
With this product the White Labels can effectively buil a land-based affiliation system, answering demand from the local market for a more personal approach. SupaBinary have been using the system for the last two months and results are promising in terms of customer satisfaction and conversion rates.
Similar systems have been in place in the gambling industry for some time, preceding the online boom. They are still considered to bring a large portion of revenue to Asian bookmakers across the region and making them some of the largest players in the world.
SupaBinary has grown to be one of the most dynamic binary options brokers, which use Tradologic's platform and the relationship between the two companies is expanding, confirmed by the option provider's focus on the South-East Asian market and a new solution which the platform provider has presented.
Tradologic announced today the development of a product that takes into account the way many businesses, trading and gambling are done in the region - the so called Agent System. The product is an affiliate system that allows binary option operators in South- Eastern Asia to have land-based agents, which is the contrasting peculiarity of the Chinese market in particular.
"The agent system is an important addition to Tradologic's products as our company is the only binary platform provider to offer an affiliate system that is convenient for the Asian market," said Ilan Tzorya, CEO of Tradologic.
The system is indeed unique for the binary options industry, as it allows transactions to be distributed across the Agent System, reducing risk for all sides. Adding to that is the benefit for operators in the region to have face to face contact with an entire network of agents and traders, but still record the changes in the trades and changes in balance as part of the Tradologic platfrom.
The Agent System allows traders to place their predictions and depending on the outcome, to either receive a profit or pay the losing amount. The difference with the online version is that transactions can be done not only through credit cards, but also with cash balances distributed by the operator. All activities on the platform are recorded and settled each week, or at the end of the month.
With this product the White Labels can effectively buil a land-based affiliation system, answering demand from the local market for a more personal approach. SupaBinary have been using the system for the last two months and results are promising in terms of customer satisfaction and conversion rates.
Similar systems have been in place in the gambling industry for some time, preceding the online boom. They are still considered to bring a large portion of revenue to Asian bookmakers across the region and making them some of the largest players in the world.
US Operator of Binary Option Brands Fined $516K for $10M Scam
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The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
#FinanceMagnates #VisaDirect #GlobalPayments #FutureOfPayments #PaymentsInnovation #CrossBorderPayments #SecurePayments #SeamlessTransactions #FinancialInsights #PaymentsTrends #WebinarRecap #BusinessFinance #DigitalPayments #FintechInsights #Payments2025
The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for the future of payments, and how can organizations keep up?
On December 4, 2024, Finance Magnates, in partnership with @Visa Direct, hosted a live webinar dedicated to exploring these pressing questions. Industry experts will provided actionable insights into the trends, challenges, and opportunities in global payments, equipping attendees with the tools they need heading into 2025.
DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
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