Payment Processor ECommPay Expands into Asia

ECommPay, the payment processing and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term company, continues to expand, with an announcement today that the company has officially opened a new office in Singapore’s Marina Bay Financial Centre.

ECommPay is a payment services provider for the financial industry, helping facilitate secure online payment services for a diverse clientele worldwide, including from the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and binary options space.

With offices already in Russia, Ukraine, Latvia, Belarus, Cyprus and the United Kingdom, the new office in Singapore marks the FCA regulated firm’s entry into Asia.

Regional heads from the company's other offices converged at the opening ceremony to discuss regional idiosyncrasies, e-commerce market developments and opportunities for further expansion.

ECommPay's Singapore branch office offers a platform to clients wishing to expand into the region.

Commenting on the opening, the newly appointed director of ECommPay Singapore, Dennis Kwok, said: "Our newest office presents the unique opportunity of attracting new clients interested in advancing their business prospects. At present, ECommPay's Singapore branch office offers a platform to clients wishing to expand into the region."

Indeed, the Singapore branch office is yet another step in the company's targeted expansion, providing current and prospective clients with increased international coverage. Earlier in the year, the payment processor gained MasterCard and VISA principal member status, announcing in August that it will enable bitcoin, litecoin and dogecoin payments thanks to a partnership with GoCoin.

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