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SimpleFX, the leading provider of leveraged CFD trading, recently updated its platform to provide new payment features to its users in the Spanish-speaking world. This is in line with SimpleFX’s efforts to simplify trading by enabling quick and easy account funding with generally accepted additional payment options.
New payment functions by country
Mexico: SPEI and OXXO join
SimpleFX WebTrader has integrated SPEI into payment methods in order to offer users in Mexico secure, efficient and almost real-time payment functions. SPEI is one of the most reliable payment providers in the country and underlines that it is owned and regulated by the Banco de México, the country’s central bank.
Payments through SPEI are fraud-free as they are made through a private and protected network. The paid services are available 24 hours a day, 7 days a week.
Users can also trust OXXO for easy and convenient physical payments in local currency. OXXO payments use vouchers that allow users to make cash payments offline.
All you have to do is print out the OXXO vouchers that are displayed on the SimpleFX platform after payment. If you present this voucher in one of the 13,000 OXXO convenience stores across the country, you can pay fiat money without need. This method makes crypto trading very accessible to those who don’t have bank accounts yet.
Online payment methods are available with credit cards such as Visa, MasterCard and American Express.
Chile: Payment via WebPay Plus
Good news for traders in Chile! Payment via WebPay Plus is now available. WebPay Plus was developed by Transbank and is a fast and reliable payment system in Chile that allows users to pay online with credit and debit cards.
The credit cards MasterCard, Visa, Red Compra, Magna and Diners Club are accepted.
SimpleFX WebTrader also accepts online transfers for account holders of Banco Falabella, Banco Security, Banco CrediChile, Banco BICE, Banco de Chile, Banco Estado, Banco Santander and BCI.
Colombia: Baloto and Efecty as support
Alternative local payment methods are cheap for some Colombian users. For this reason, SimpleFX WebTrader has integrated payments via Baloto and Efecty so that users can make offline cash payments in local currency.
Baloto is an option for consumers who want to pay in cash. This is very convenient as a coupon payment system is used. Users receive a Baloto voucher at the checkout. Show your Baloto voucher to one of the 10,000 affiliated outlets across the country and complete the payment.
Efecty is another widely used coupon-based cash payment option in Colombia. The same process is used with Baloto. Print out the Efecty receipt after you complete an order and pay at one of the 8,000 Efecty locations in the country.
Users can also complete the payment of their deposits by transfer to BBVA Colombia and Bancolombia.
Peru: Western Union joins
Western Union is included in the list of easy payment methods on the SimpleFX platform. It is one of the world’s leading payment providers. With Western Union, users can easily submit a deposit request to their SimpleFX accounts and call in person at any Western Union point of sale, online on the Western Union website, or by calling customer service. Payments are always secure and direct.
Bank transfers are also accepted by BCP, Caja Arequipa and other major and local banks across the country.
Other countries
Users in Uruguay can quickly top up their accounts with Red Pagos, a reliable network that is responsible for most payment and collection transactions in the country. Deposits with express payment at the checkout are also possible for users in Paraguay.
SimpleFX plans to expand Argentina with additional payment functions. Stay tuned!
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