Mobile credit card deposits

Exclusive: OANDA to Roll Out Braintree Funding, Testing New Homepage

The company is on track to redesign of its front-end homepage after introducing deposits from its mobile platform fxTrade

After the last redesign of the company’s website it remained one of the most sought after spots across the web for currency conversion. The company has been a pioneer in delivering foreign exchange trading to retail clients and maintains its position amongst the most popular destinations for foreign exchange trading.

The firm has announced to its clients that it is beginning to test a number of new versions of its homepage. Some users may see the revamped versions, while others will be redirected to the current design.

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At the same time the firm rolled out depositing from mobile for its U.S. customers. Speaking to Finance Magnates’ reporters a company representative shared that customers will be restricted to funding with their debit cards due to the standing National Futures Association regulations which forbid credit card deposits to trading accounts.

Speaking exclusively to Finance Magnates, the company’s spokesperson also shared that the firm will soon be rolling out support for Braintree funding in OANDA Europe Limited. As soon as this happens, the new customers of the European subsidiary of OANDA will be able to fund their accounts through the mobile app fxTrade using both credit and debit cards.

The feature will only be available to new OEL customers who sign up after the release of the feature, while non existing customers who have funded through GlobalCollect will at least for the time being continue using the old deposits framework.

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