CurrentDesk Integrates Praxis Cashier Solutions

Praxis Cashier, a smart payment technology provider, has partnered with CurrentDesk, another brokerage-specific CRM solutions vendor, integrating their systems.

According to the press release shared with Finance Magnates, this integration will allow foreign exchange (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) brokers to access Praxis’ services from CurrentDesk’s broker management platform.

Commenting on the integration, CurrentDesk Co-founder, Travis Dahm said: “Our goal is to strategically align with companies such as Praxis to give our customers the tools they need quickly and efficiently. The collaboration helps our clients to remain current in a constantly evolving payment processing industry.”

Offering Access to a Massive Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term Network

Praxis offers PCI 1-compliant smart cashier software that has access to over 350 payment service providers (PSP) and more than 1,000 alternative payment methods (APM) connections. This vast payment option allows brokers to chose the most beneficial deposit methods in any jurisdiction.

According to the companies, the integration of Praxis into CurrentDesk will allow brokerages to up their deposits by 10 to 20 percent within weeks.

“We are pleased to announce our cooperation with CurrentDesk and for merchants to take advantage of the swift setup time facilitated by this new integration,” Praxis’ Senior Business Development Manager, Natalie Agopian, said. “Our advanced cashier software and efficiency in integrating new payment solutions will greatly assist brokers in their business needs.”

Founded in 2014, Praxis is based in Cyprus and primarily caters to fintech, online gaming and e-commerce companies, and it can handle high-volume transactions, overcoming the processing challenges.

Last month, Praxis inked a deal with IC Markets thus adding to the Aussie broker’s global payment channels.