CurrentDesk Integrates Praxis Cashier Solutions

CurrentDesk, a provider of software solutions to support brokerage and trading operations, has integrated Praxis Cashier, a leading global payment technology company, enabling Forex brokers across any regulatory jurisdiction to instantly connect their CurrentDesk broker management platform to the Praxis Cashier system, without requiring their own application program interface (API).

Brokers gain customizable deposit option controls that can be tailored to each individual trader and situation, which connect directly to their fully branded client portal within CurrentDesk. With access to the Praxis ecosystem of over 350 Payment Service Providers (PSP), more than 1000 Alternative Payment Methods (APM) connections and a dedicated Praxis professional services team, each broker can quickly find the right payment option for their traders.

Spreading processing risk across venues, activating cascading smart routing on card payments, and tracking the most successful payment types for each campaign, Praxis demonstrates that merchants working with their system can experience, on average, an increase of deposits by 10-20%. Sometimes, even as soon as within the first four weeks of their engagement.

Travis Dahm, a co-founder of CurrentDesk, mentioned “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.”

“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.” Natalie Agopian, Praxis Senior Business Development Manager stated  “Our advanced cashier software and efficiency in integrating new payment solutions will greatly assist brokers in their business needs.”