Conotoxia Holding Group, a payments solution and online foreign exchange (forex) trading provider, announced this Thursday that it has introduced express payments for currency exchange transactions.
According to the statement released today, customers can now convert currencies and make transactions instantly through its online platform Conotoxia.com or through its currency exchange app, which is available for iOS and Android users.
The launch of this new feature allows users of Conotoxia to convert and track the exchange rates of 26 currencies. To use this service, customers of Conotoxia need to add a debit or credit card.
The platform currently accepts Visa, Visa Electron, Mastercard, Maestro, American Express, JCB, Discover, Diners Club, Bancontact and Cartes Bancaires. Google Pay or Apple Pay solutions are also available, the statement said.
Altogether the new service offers three transaction modes – bank account, currency wallet or social transactions. In addition, users based in the Czech Republic, Finland, Estonia, Latvia, Lithuania, and Sweden also have access to the company’s Entercash service.
Previously, the instant payment methods for currency exchange were only available for money transfers, the statement said.
Forex Trading with Conotoxia
Conotoxia Holding Group offers payments, money transfer and currency exchange solutions. The group also offers trading services through Conotoxia Ltd, a Cyprus based online Forex broker.
The broker is regulated by the Cyprus Security and Exchange Commission (CySEC) and facilitates the trading of forex, commodities, and indices through its online trading platform and mobile app.
Through Conotoxia, Inc., the group is also planning to provide a money transfer service in the United States. This service will enable people to send money from the US to 26 countries within Europe.
At present, the company has gained regulatory approval in most of the country’s states and is currently in the process of obtaining the last remaining few, the company’s website claims.