Liquidity and technology provider GCEX has partnered with OpenPayd to provide better payments services for its customers in the United Arab Emirates.
In a statement, the company said that its locally regulated entity GC Exchange FZE will use OpenPayd to improve the ability of its clients to access transactions in USD, GBP, and EUR.
More specifically, the company noted that this was to support its clients who want to switch between cryptocurrencies and fiat currencies.
The partnership also allows customers onboarded with its UAE entity to access currencies beyond regional ones, like the dirham or Saudi riyal.
GCEX also said that the integration with OpenPayd was part of its efforts to operate with secure and regulated infrastructure.
The liquidity provider has formed several key partnerships in the banking and payments sphere over the last couple of years.
Most recently, the company said that it had set up its UK entity to settle transactions with Standard Chartered Bank.
