The PennZone

BOCA RATON, Fla. - PennZone -- PropAccount.com, the white-label solution provider powered by FPFX Tech, has launched a new functionality: PropWallet

PropWallet is a payout option that lets traders take a payout into their assigned PropWallet instead of a standard withdrawal to their bank account or crypto wallets. Traders who withdraw to their PropWallet earn an extra 10% on their payouts and can spend that money on new challenges or accounts like store credit.

PropWallet was designed to add value to the prop firm via continued customer engagement and to the prop trader via the receipt of additional value. The withdrawal is settled internally, with no processor fees involved, and its value returns to the operator in the form of future purchases.

A Better Payout for Traders

At withdrawal, the trader selects PropWallet as the method, and the breakdown shows the bonus before anything is submitted.

For example, on a $500 payout at an 80/20 split, a trader receives $450 into his PropWallet instead of $400 in cash.

Once the payout is approved, the credit appears in the trader's dashboard as a credit and can be used for future purchases immediately.

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At checkout, traders choose how much PropWallet credit to apply and can combine it with a discount code. Operators keep control of the feature. They can add or remove credit manually with a logged reason, which also makes PropWallet a great tool to support loyalty programs, membership programs and as a periodic incentive via cash drops into their PropWallet.

"A successful prop firm is one in which both parties benefit - the operator and the trader.  PropWallet delivers real value to both and enables prop firms to develop a more meaningful relationship with their traders."

Justin D. Hertzberg, Esq., CEO of PropAccount.com

About PropAccount.com

PropAccount.com is a white label solution provider powered by FPFX Tech. The platform enables entrepreneurs, trading educators, influencers, and introducing brokers to launch fully branded prop firms using enterprise-grade technology that covers trading platforms, risk tools, payments, KYC, affiliate systems, trader dashboards, operational support, and capital backing.

PropAccount.com is the white-label solution provider behind 300+ prop firms.

For more information, visit propaccount.com.