Plus500 adds 3 new payment methods for deposits and withdrawals


Global multi-asset fintech group Plus500 has announced the addition of three new local payment methods: PayNow, POLi and Google Pay. Customers now have even more choices for making secure transactions on the Plus500 trading platform. This is a new step in the company’s desire to improve its user experience.

These three payment methods were selected because of the ease of money transfer they offer and their excellent level of customer experience. These additions are in line with Plus500’s commitment to deliver localized experiences, including support for over 30 languages, local versions of the Plus500 website and mobile app to access optimal financial instruments in each region. .

PayNow is a leading payment service provider in Singapore, enabling customers to transfer funds securely and transparently through 10 participating banks and three participating non-bank financial institutions in the country.

POLi is one of the most popular payment services in Australia, offering secure and smooth money transfers through a network of 16 banks in Australia and seven in New Zealand. Google Pay, on the other hand, has a global presence and allows transactions in the national currency of the country in which the service is used.

Currently, the Google Pay option is available for Plus500 clients using the Android app of the Plus500 trading platform. At this time, Google Pay is available for customers in certain countries. The company expects Google Pay to be available soon to users in other regions and operating systems.

To select their preferred payment method, traders simply need to go to the Plus500 trading platform and choose from the various payment options offered.

About Plus500

Since its inception in 2008, Plus500 has been committed to providing traders with innovative technological tools for universal access to global financial markets.

Plus500 has built a solid reputation for its commitment to providing cutting edge trading solutions to access global financial markets. The company offers more than 2,500 financial instruments through its portfolio of contracts for difference (CFDs), including forex, stocks, indices and commodities as well as cryptocurrencies, exchange-traded funds and options.

Until 2021, Plus500 implemented its ambitious expansion plan, expanding its CFD offerings in its existing markets, while entering new geographies. The company has also focused on introducing new financial products to add to its already extensive list of offerings.

This year, the company extended its offering to U.S. markets with the acquisition of futures trader Cunningham Commodities LLC and technology trading platform provider Cunningham Trading Systems LLC.

This is in line with Plus500’s vision to become the global leader in multi-asset fintech and expand its offerings.

In Europe, Plus500 has launched a new equity trading platform, Plus500 Invest. This platform gives traders access to a wide range of financial instruments, including the most popular stocks and ETFs.

Plus500 has maintained steady growth over the years, reflecting the company’s proprietary platform and growing presence among retail and professional traders in over 50 countries and 30 languages.

In the third quarter of 2021, Plus500 reported revenue of $ 211.4 million with EBITDA of $ 128.6 million. The company added 26,169 new customers during the quarter, registering 166,310 active customers.

For more information on Plus500, visit their website.


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