MetaQuotes Adds APS to MetaTrader 5 Payments

MetaQuotes, developer of the popular trading platform MetaTrader 5, announced on Tuesday that Advanced Payment Solutions (APS), a payment service provider (PSP) powered by the Stellar Blockchain Open Network, has joined MetaTrader 5 Payments, a service designed to streamline client onboarding, boost deposit transaction conversions, and reduce broker costs.

MetaQuotes stated that integrated payments offer an excellent solution for experienced companies and especially startup brokers, who will find it easier to launch their own business without the extra costs of developing and implementing their own payment system.

According to the press release, to start accepting payments via the platform, a brokerage company needs to enter into an agreement with a supported PSP and specify authorization data in the platform. From now on, all of its clients will have the opportunity to top up funds via the terminal. In the near future, the feature will be available on mobile terminals for iOS and Android.

​Medet Koshtayev, Chief Financial Officer at APS, has commented on the service launch: "In joining forces with MetaQuotes, APS envisions a future where innovation meets financial sophistication. This collaboration is a testament to our goal of redefining online payment solutions. As a result, we will empower clients with advanced digital tools, ensuring a seamless and efficient online payment experience".