Leverate is aiming to deliver a new service to its clients after soft launching its own payments solution called SIRIXPay, according to sources with knowledge of the matter. The company is therefore aiming to deliver a more integrated end-to-end solution to its broker clients which will enable a more streamlined model of operation.
Leverate is currently in an early testing phase with a few clients of the company providing data and feedback on how the payments solution is performing. In the context of the forex trading industry, having a bundled package with a ready-made payments solution coming in tandem with an integrated forex or binary options brokerage solution could be useful to some clients.
“The payments solution is called SIRIXPay and at present the company is checking how it is performing in terms of processing, and in terms of adding value to the clients of Leverate,” the CMO of Leverate Nicc Lewis shared with Finance Magnates.
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While the market is abundant with payment processors, the company is aiming to have the service built in, which bodes well for an easy integration with any additional processors that the broker may require.
“The solution which Leverate is set to deliver to its clients is effectively aiming to serve as an all-in-one bridge,” Mr Lewis explained.
The move comes just about a week after Leverate announced that it is aiming to reshuffle its operations and refocus its efforts on its product offering.