STICPAY, a leading global e-wallet service provider and payment gateway, today announces STIC Cashback, a new cashback service designed to benefit customers trading with Forex and CFD brokers.
The new service allows customers to receive cashback when working with a broker partner through STIC Cashback, with the amount of cashback depending on the customer’s trading volume. Cashback is automatically credited and guaranteed to be paid out according to the schedule set by each broker as STIC Cashback and not the broker processes the payment.
By partnering with their chosen broker through STIC Cashback, customers benefit from STICPAY’s lower transaction fees and cashback benefit, as well as exclusive promotions that they would not benefit from if they traded directly with the broker. New STIC Cashback customers can also receive a $10 bonus when they sign up for the service before July 31st.
The new STIC Cashback service was founded by STICPAY, a globally trusted payment company with over a million users in 200 countries, and works with over 20 leading global brokers around the world – including Exness, XM, FXGT, Justmarkets, FxPro, AvaTrade and FinPros – to provide merchants with a secure, streamlined and reliable cashback service through membership in the STIC Cashback community.
The launch of STIC Cashback comes at a time when the retail forex trading market continues to experience strong growth, driven by smartphone penetration and the development of the middle class in emerging markets. Global daily foreign exchange trading has reached about $7.5 trillion, with retail trading estimated to account for about 5.5% of that.
Sean Park, CEO of STICPAY, said:
“Our Forex cashback service is a game changer for customers looking for added value and profit from their daily transactions. By simply partnering with the broker of their choice through STIC Cashback, they can unlock a world of benefits that would otherwise be inaccessible – all through a secure, reliable and reputable platform.”