To accept credit cards such as Visa, MasterCard, American Express, Union Pay, you'll need an Internet Merchant Account or a Merchant ID (MID). This type of account is different from a regular bank account.
Globill provides Merchant Accounts to online vendors as part of our all-in-one offering.
With a merchant account you can send card-not-present (CNP) payments to be authorised by the cardholder's issuing bank.
It is the acquiring bank that passes the payment transaction request for authorisation to the Card Association networks which in turn are connected to all the card issuing banks around the world.
Once successfully authorised then the payment will be transferred immediately to your merchant account and later settled into your business bank account.
It can be a complex and difficult process applying for a Merchant Account, especially for what the bank perceives to be 'high risk' merchants.
We offer an all-in-one solution including a Payment Gateway and anti-fraud controls for all types of merchants.
Merchant Account Types: Direct Merchant Accounts and Aggregated Merchant Account available
Acquiring Banks: Multiple banking and processing relationships in Africa (Mauritius, Nigeria, South Africa, Seychelles, Tanzania), Americas (Belize and North America), Asia (China, Hong Kong and Singapore) and Europe (Estonia, Germany, Macedonia and UK)
Cards Processed: Visa, MasterCard, Maestro, American Express, Discover, JCB, China UnionPay (CUP) and many national debit cards (co-branded Visa and MasterCard)
3D-Secure (Verified by Visa, MasterCard SecureCode): optional
Wire Transfer Payout: Settlements to any bank, worldwide, bar certain restricted countries
Application Process: 24hr response Pre-Application and Merchant Application Form
Fees as low as 3.5% + $0.20* Apply now!
*Terms & conditions apply