FXP is a gateway solution which will unify the Ecosystem and Forex industry based on the blockchain technology.
FXPay acts as a payment gateway system for the Forex industry, the world’s largest financial market.
A Payment Gateway performs a variety of tasks to facilitate payments between acquiring banks and issuing banks. It determines whether transactions are approved or declined by verifying transaction information and also provides a secure pathway to exchange information between all relevant parties.The FXPay Payment Gateway allows brokers to make instantaneous payments to liquidity providers through blockchain technology. Through this method, transaction fees are reduced from the current rate of 5-7% to between 0.5-1%.
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