Exclusive: SpotOption Expands to New Business with Spot Payment Technologies
Posted: Sat Feb 20, 2016 11:58 am
Finance Magnates has revealed that SpotOption, the binary options brokerage technology developer, is branching out to the online payments services business with a new standalone provider called Spot Payment Technologies. The new venture will rely on the binary options market to get established but it won’t be limited to it and targets social gaming and e-commerce websites as well.
With regard to binary options, Spot Payment Technologies will focus on the regulated market only, which substantially limits its growth potential within the industry but will allow it to keep a good reputation with banks, financial authorities and even institutional investors if it ... (read more)