In the preceding blog, we had discussed the techniques used for liteforex secure site payment transaction. These payment methods are electronic money transfer and Bank wire transfer. Now, we will thrash out on the next two payment transfer methods; Credit Card Transfer and Local Deposit.
3. Credit Card Transfer-
A. Liteforex Card- LiteForex Card is a prepaid MasterCard, which is provided from Mayzus Financial Services Ltd. Organization. This card is handy for the LiteForex traders as it is safe & easy to use for money deposit and withdrawal. The card doesn’t require to be linked to any bank and can be used as a regular debit card. With the help of the card, it is quite easy to place an order to LiteForex, but you require sign in into your LiteForex login profile. After following this simple procedure; money can be deposited and withdrawal from trading account without any hitch.
B. LiteForex Card Payoneer- Payoneer Company has facilitated the LiteForex traders for money transaction via MasterCard, which can be used anywhere in the world. This card can be used for shopping purpose and money withdrawal. The whole fund transfer is done under the Bank Limited and First Covenant Bank, but eventually it doesn’t require any bank account.
C. Visa card Deposit- VISA card is a widespread medium of money transaction and LiteForex also allows VISA Card as fund transfer method. The VISA cards can be used for the internet transactions too. And, the use of the card is safe, easy and handy for trading point of view.
D. Master Card - The MasterCard is also highly popular among the folks and this is one of the close competitors of VISA card. As the MasterCard is very popular among the traders, LiteForex also allowed the MasterCard money transfer for its traders’.
E. Visa Delta/Debit Card- LiteForex Group of Companies has introduced another easy fund transfer method as VISA debit. There is a slight difference between VISA debit and Visa electron that it provides the limited overdraft option for clients.
F. VISA Electron- VISA electron is allowed by LiteForex for fund transaction, but it is not accessible in the USA, Canada, Ireland and Australia. There are certain limitation and options to the clients for using the VISA electron. As the card is available with some limitation and option for users that made it inexpensive and that’s why it can be used by the other people.
G. Maestro: Maestro is one of the cheapest and easy techniques for fund transfer. This transfer is processed by Maestro Card Company. The most of payment options are processed by the Maestro. LiteForex has allowed the clients to transfer the money via Maestro Card.
H. American Express: American Express is the kind of fund transaction services, which is mainly used by the businessmen. The reason behind the use of the service by business person is that the service of American Express is expensive and that’s why this is used by limited people. There are enormous advantages of using American Express. There is no fund transfer limit for American Express users.
I. Diners Club International: Diners Club International Cardholder grabs the opportunity to put in some significant benefits when making a fund transaction. These cards can be used anywhere in the world and if any cardholder face any kind of problem, he/she can express it the affiliated company. There are more than 74 branches of Diners Club International.
J. JCB Cards - JCB Cards are specially designed for the groups of people with higher income. These cards are in existence since 1981 and mainly used by the Japanese people. The transaction with the JCB card proves that the economy is quite sound, it means it influences the economy figures. The fund transaction system is slightly different in comparison of the other payment systems. Due to elite services, products and quality JCB is a well-known brand.
K. Laser Card: The Laser Card Services Ltd. was rolled out in 1996 in Ireland with the alternative of cash money and cheques. Due to the elite services and processing charges, a few banks were issuing Laser Cards for their current account customers in 1997. There were more than 3 million active Laser debit cards holders in 2011. The Lite Forex broker also accepts the payment transfer via Laser Cards.
L. Carte Bleue: This is the major debit card fund transaction system functioning in France. Unlike Visa Electron; Carte Bleue Card also lies in the category, which doesn’t require the authorization for the transaction from the cardholder’s bank. In the certain explicit conditions, Carte Bleue card can be used as a credit card. The whole working system has been integrated into a spectacular gigantic system called carte bancaire (CB). It means all the Bleue cards are part of carte bancaire, but CB.
M. Dancort: The Dancort card is widely popular in Denmark and these cards are taken as the national credit cards in the country. This card is widely accepted and can be used anywhere like VISA Cards.
N. Postepay- PostePay cards are another medium for fund transaction, which is allowed by LiteForex. These cards are mainly used in Italy. The advance version of PostePay captures the limits of the Standard Postepay that have maximum 3000 Euros credit limit.
O. CartaSi- This card is mainly used in Italy and over forty percent Italian use CartaSi for the payment transactions. CartaSi is issued by the VISA’s subdivision, which allied to the Italian payment system.
4. Local Deposit/withdrawal: The LiteForex traders, who don’t have access via any of the transaction methods discussed above, can use the local transaction method. The brokerage group allows the local traders to deposit and withdrawal via local deposit in the areas, where the company allows to trade.
To read the potential traders review about the company go to the LiteForex review page and leave comment.