Clients deposit more when they can use the payment methods they use every day. Typical local methods include cards, Apple Pay and instant bank transfers in the UAE; FAST, Havale and EFT in Türkiye; virtual accounts, QRIS and e-wallets in Indonesia; FPX and DuitNow in Malaysia; PromptPay in Thailand; GCash and Maya in the Philippines; M-Pesa and other mobile money in East Africa; bank transfers and USSD in Nigeria; instant EFT in South Africa; PIX in Brazil and SPEI in Mexico. Which methods a broker may use depends on its licence, the payment provider and the rules of each client's country.
- Local payment methods increase deposits and conversion in every region.
- Each country has its own dominant rails: instant transfers, QR payments, e-wallets or mobile money.
- Methods are offered through licensed payment providers, which review the broker's licence and target countries.
- Some domestic rails may not be available to offshore brokers; restrictions vary by country.
- The broker is responsible for payment compliance and client funds.
Looking for local payment integrations? Local, global and crypto payment methods connected to your CRM.
Payment methods are one of the biggest drivers of conversion for a brokerage. This guide lists the methods clients typically expect in key markets. Availability depends on your licence and payment providers. See also forex payment gateways.
Middle East and Türkiye
| Country | Common methods |
|---|---|
| UAE | Cards with 3-D Secure, Apple Pay and Google Pay, local bank transfers |
| Saudi Arabia, Kuwait, Qatar | Local debit cards and bank transfers, cards and wallets where supported |
| Türkiye | FAST instant transfers, Havale and EFT, Turkish cards (for SPK-authorised firms serving residents) |
Asia
| Country | Common methods |
|---|---|
| India | UPI, IMPS, NEFT and RTGS for domestic SEBI-regulated businesses; not for offshore leveraged forex |
| Indonesia | Bank virtual accounts, QRIS, e-wallets (OVO, DANA, GoPay, ShopeePay) |
| Malaysia | FPX, DuitNow, e-wallets |
| Thailand | PromptPay and local bank transfers |
| Philippines | GCash, Maya and bank transfers |
| Vietnam | Local bank transfers and QR payments |
Africa
| Country | Common methods |
|---|---|
| Kenya | M-Pesa, cards, bank transfers |
| Tanzania | M-Pesa, Airtel Money, Mixx by Yas, HaloPesa |
| Nigeria | Bank transfers, cards, USSD |
| South Africa | Instant EFT, cards, bank transfers |
| Ghana | Mobile money, cards, bank transfers |
Latin America
| Country | Common methods |
|---|---|
| Brazil | PIX instant payments, cards, boleto |
| Mexico | SPEI transfers, cards, cash vouchers |
| Colombia, Peru, Chile | Local bank transfers, cards and regional wallets |
Global methods
- International cards and bank wires.
- E-wallets, depending on licence.
- Stablecoins such as USDT and USDC, where licensed, with blockchain analytics.
Compliance points
- Payment providers review your licence and decide which countries and methods you may use.
- Some domestic rails are restricted to locally licensed firms.
- Return withdrawals to the original method where required by AML rules.
- Show each method only to clients from permitted countries; your CRM should enforce this.
We provide technology and integrations only; we do not process payments or hold client funds. Payment-method availability depends on each provider and on the laws of each country. Each client is responsible for its payment arrangements and compliance.