Interbank FX, a provider of online off-exchange retail foreign currency trading services, has selected GlobalCollect, a payment service provider of local e-payments, to process international card transactions.

The signed service agreement entails processing all credit card payments throughout the US, Europe, and Asia via GlobalCollect’s single-interface payment platform WebCollect.

Interbank FX chairman and president Todd Crosland said that as a leader in Global Forex, Interbank FX requires a local payment presence for retail traders. GlobalCollect offers redundant local processing channels that help Interbank FX maintain competitive edge globally.

GlobalCollect CEO Jan Manten said that with over 15 years of experience as a payment service provider for many verticals, including financial services, GlobalCollect is ideally positioned to help Interbank FX grow its business even further.