GlobalCollect

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GlobalCollect is a full service Payment Service Provider (PSP) that provides worldwide payment processing and services for Customer Non-Present (CNP) businesses. CNP businesses include internet, mail, telephone order, and more. With a proven successful history or more than a decade, GlobalCollect provides a complete solution including electronic payment processing, reconciliation, invoicing, and bank network management. By specializing in the field of alternative to credit cards payments, GlobalCollect allows you to accept over 100 payment methods and 158 local currencies on your website, all through one single web-enabled technical and administrative interface. GlobalCollect's WebCollect online payment platform offers a large range of local payment methods and currencies including:

international credit cards
regional debit cards
direct debit
traditional bank transfer
real-time bank transfers
e-wallets
cash methods
check
invoice

1 History
2 Unique
3 Payment cultures and methods
4 External links

[edit] History

TNT, one of the world’s largest mail, express and logistics companies created GlobalCollect to add value to its distribution services in 1994, enabling international publishers to print and send invoices worldwide as well as to accept local payments in local currencies. GlobalCollect quickly developed a sharp expertise and established a unique worldwide banking network ultimately providing these customers the possibility to outsource their entire collection and reconciliation process.

In a short time period, GlobalCollect’s services interested other industries practicing distant sales, far beyond TNT initial client base. The success of GlobalCollect led to the creation in 2000 of its own entity, GlobalCollect BV.

Willing to answer the growing need for e-commerce payment services, GlobalCollect launched its online payment platform WebCollect in 2001, making it possible for Internet shops to accept the most popular local payment methods worldwide online, and through a single technical and administrative interface.

For Call Centres, GlobalCollect developed a specific interface to its online payment platform in 2003, enabling an online secured processing of payments accepted by phone.

In October of 2005, GlobalCollect's management in combination with private equity providers purchased GlobalCollect from TNT. This management buy-out created a strategic financial framework that enables the company to pursue its development as a leading innovative and independent payment service provider.

[edit] Unique

GlobalCollect offers the ability to outsource the complete process of customer’s payment management worldwide, from the invoicing to the reconciliation - all through one single technical and administrative interface. GlobalCollect operates on behalf of its clients, managing the necessary banking and acquirer network for their international commercial activity. An automated reporting system enables them to get real time and electronically detailed information on their customer’s payments. As a result, businesses can focus on their core activities, saving precious time and cost, while benefiting from the best expertise to maximize successful payments.

[edit] Payment cultures and methods

The United States, European and Asian countries have various payment cultures with their own specific payment systems and habits. Instructing payments in the customers’ own language, offering them to pay with their preferred payment methods and in their local currencies are key factors of customers’ trust. GlobalCollect’s unique and continuously growing banking network enables businesses to accept the largest portfolio of payment methods.