Interbank FX Forms Partnership with Payment Service Provider GlobalCollect


Interbank FX, a leading provider of online off-exchange retail foreign currency (forex) trading services, has chosen GlobalCollect, the world's premier payment service provider of local e-payments, to process international card transactions

September 13, 2010 Amsterdam, The Netherlands (AllPayNews) – Interbank FX offers 35,000 individual traders, fund managers, and institutional customers from more than 140 countries proprietary technology and tools to trade forex online. The recently signed service agreement entails processing all credit card payments throughout the US, Europe, and Asia via GlobalCollect’s single-interface payment platform WebCollect. 

Todd Crosland, Chairman and President of Interbank FX, said: “As a leader in Global Forex, Interbank FX requires a local payment presence for retail traders. GlobalCollect offers redundant local processing channels that help us maintain our competitive edge globally.” 

Jan Manten, CEO of GlobalCollect, added: “We extend a warm welcome to Interbank FX who has established itself as an industry leader supporting trading volume in excess of US $80 billion per month. With over 15 years of experience as a payment service provider for many verticals, including Financial Services, GlobalCollect is ideally positioned to help Interbank FX grow its business even further.” 

About Interbank
Headquartered in Salt Lake City, UT, USA, Interbank FX is a global leader in the forex technology industry, providing transaction transparency and improving industry standards for foreign exchange. Interbank FX’s forex trading services offer individual traders, money managers and institutional customer’s proprietary technology, tools and education to trade spot foreign currency online. Built by traders, for traders, Interbank FX has distinguished itself among industry leaders with its unique multi bank liquidity feed, proprietary tools and services, and remarkable focus on customer care. Serving more than 35,000 clients from more than 140 countries around the world, Interbank FX is regulated as a member of the National Futures Association and the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available. Full risk disclaimer can be found here

About GlobalCollect 
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. 

Contact Interbank FX
Abigail DeGraff 
Global Public Relations 

Contact GlobalCollect 
Bettina Duske 
Senior Manager PR & Marketing Communications