ACY Securities Partners With Payments Company Currencycloud For Seamless Payments

Ali Raza
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ACY Securities, a forex and contracts for difference (CFD) brokerage company based in Sydney has unveiled a strategic partnership deal with Currencycloud. The partnership will make it possible for the clients at ACY Securities to deposit funds seamlessly using local payment rails that are available in more than 180 countries.

ACY Securities partners with Currencycloud

Besides enabling seamless payments, ACY Securities and Currencycloud will work on facilitating transactions in over 35 currencies. The collaboration will also allow traders to have immediate access to a robust global payments network.

The partnership will also strengthen the position that ACY Securities has secured as a company that supports the technology. The company has expressed its commitment to providing the best trading experiences, and this partnership will allow it to meet this goal.

The partnership will also rely on the global network supported by Currencycloud. This network is made up of real-time local rails, with ACY Securities currently focused on optimizing the payment infrastructure. The company will use multi-currency accounts and API-driven competitive FX rates to improve its current service offering.

The CEO of ACY Securities, Jimmy Ye, said, “We are committed to improving the experience for our clients, and with Currencycloud, we can do just that, not least helping us achieve our goal of exemplary customer service with their 24/7 support and APAC-based account management team.”

The Country Manager, Australia for Currencycloud, Nick Briscoe, also commented on the partnership, saying that ACY has for long been committed to integrating technology for a good experience.

ACY Securities has been offering services to its clients since 2011. The brokerage company provides access to low-cost trading and efficient trade execution. It recently unveiled a new feature to its website to provide comprehensive trading reports that include a wide range of key data and financial analysis.

The broker has also grown its offerings with the addition of new share CFDs for MetaTrader 5 Traders. These share CFDs comprise Single Stocks listed in Japan and Hong Kong.

Currencycloud as a Visa subsidiary

In July 2021, Visa unveiled plans to acquire Currencycloud for $700M. The two companies entered into a definitive agreement deal entailing the acquisition of Currencycloud, which offers business-to-business payments company.

Currencycloud has since operated as a subsidiary of Visa. The company recently appointed Maxime Guirauton as the new Head of Marketing and Sales. Guiraton has nearly two decades of experience in the marketing field.

While remarking on this appointment, the CEO of Currencycloud, Mike Laven, said that the company was at an exciting stage in its history. Moreover, the integration with Visa has given it the capacity to explore new relationships with some of the largest companies globally while also entering new markets.

Currencycloud is also expanding its global presence. The company obtained an Australian Financial Services (AFS) license deal from the Australian Securities and Investments Commission (ASIC). The AFS license allows Currencycloud to extend a wide range of supported services to businesses based in Australia.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.