Global Payment Processing

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In todays global marketplace, it is no longer sufficient to be limited to accepting or settling payment in a single currency. You need to be able to sell anytime, anywhere, in any currency.

Yet accepting global payments is no easy task. There are complicated global banking relationships, and expensive foreign exchange management to deal with, not to mention language barriers and international long distance charges. The risk of fraud from international transactions is a serious concern. Therefore, sophisticated, tech savvy merchants are looking for easy global payment processing that solves these problems and more.

With Braintee, merchants can accept payment in 125 local currencies and choose to settle in up to 40 different currencies. We eliminate the complicated process of establishing banking relationships in multiple countries.

Our solution allows foreign customers to pay with a checking or savings account in eight countries (more coming soon). Electronic checks are one of the fastest growing segments in the payment processing industry because they are simple, safe and cost effective. Whether used for recurring billing, one-time payments or to transfer funds to partners or affiliates, echecks are a cost-efficient method.

Our fraud scrubbing and prevention suite allows users to dynamically create filters and rules to help detect fraud and screen suspicious transactions. Our extensive reporting system provides a quick and easy way to review transactions, block suspicious activity and identify malicious users. Transactions are analyzed both before and after, allowing for declines before or after authorization.


The increased global reach will simplify new market entrance, consolidate cash management and help avoid the complicated process of establishing multiple banking relationships in different countries. And with foreign exchange managed on your behalf, treasury operations can be consolidated.

For cardholders that prefer to use a checking or savings account for payment, especially for recurring billing, merchants can use Direct Debit in eight countries: United States, Canada, Germany, the United Kingdom, Austria, France, Belgium and the Netherlands. with Direct Debit, consumers are debited in their local currency and merchants are paid without either party incurring any foreign exchange impact.


About the Author:
Braintree offers unique, best in class online payment processing solutions and credit card payment processing services. Find more information relating to accepting global payments here.



Article Originally Published On: http://www.articlesnatch.com


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