Newly Released “SafetyPay Direct” Payment Solution Offers Improved Ease and Flexibility for Merchant Transactions

Originally posted on PRWeb.com http://www.prweb.com/releases/2014/05/prweb11873381.htm

SafetyPay Direct

SafetyPay has recently released a new product solution that allows merchants to request payments to customers by email or phone for goods and services ordered through various different channels. The solution guides customers through a simple process that lets them pay using online banking or cash, freeing them of online shopping carts and on-site transactions. Merchants can use SafetyPay Direct to request payment via email or phone while enhancing customers’ shopping experience by adhering to their payment and currency preferences.

The new payment solution works independently of online shopping carts, giving merchants added security and ease by releasing them from a direct online presence or integration with SafetyPay. SafetyPay Direct can be used by any merchant who wants to give customers the ability to pay directly from their bank account, including inbound and outbound call centers, B2C applications, and company billing departments. Giving customers the best payment options with increased privacy helps merchants tap into new channels of revenue that otherwise would not be incurred.

Moreover, requesting and processing payments using SafetyPay Direct is convenient and simple. The merchant first sends a payment request via email using the application, giving the customer instructions that guide them through secure payment using online banking or cash. Upon submitting payment, SafetyPay is notified in real-time that the transaction is complete, triggering an alert to be sent to the merchant that funds have been received and that the merchant can ship the product.

Completing the payment is quick and easy. The emailed instructions direct the customer to click the “Pay Now” button which links to SafetyPay’s secure interface, prompting the customer to select his/her preferred bank and currency. After confirming the purchase, the customer is redirected to log in to his or her online bank account and verify the payment, after which SafetyPay Direct is signaled to notify the merchant that the transaction is complete.

Available for immediate use by any merchant, SafetyPay Direct allows businesses to accept online payment regardless of how a product is sold. Merchants do not have to integrate with SafetyPay to use the application’s many features and capabilities, which include the ability to follow up with customers who have abandoned their shopping cart, leaving the website before completing the checkout process.

SafetyPay’s new payment solution can be set up by any merchant within as little as 24 hours. The application is already being utilized by many companies from diverse industries, including international airlines, travel agencies, and educational institutions.

For more information about SafetyPay Direct or any of SafetyPay’s other payment solutions, please visit SafetyPay.com.

About SafetyPay:
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit SafetyPay.com.

Barbara Bibas Montero, Co-Founder of SafetyPay, Honored at The Commonwealth Institute Event

On April 3 The Commonwealth Institute South Florida hosted over 380 of Florida’s most influential professional women to celebrate the Ninth Annual Top Women-Led Businesses in Florida. The afternoon was spent celebrating, networking and honoring the extraordinary accomplishments of the Top 50 Women in Florida and the Top 10 Non-Profit leaders. Barbara Bibas Montero, co-Founder of SafetyPay, was one of the honorees.

About Commonwealth Institue:
The Commonwealth Institute (TCI) is a nonprofit organization, founded in Boston in 1997 to help women-led businesses become and stay successful.  Membership includes CEOs, senior corporate executives, directors of nonprofits and proven solo professionals. TCI’s goal is to unleash the potential of women to leaders to change the face of business.

TCI-Group

SafetyPay and UOL BoaCompra Partner To Provide Additional Online Payment Options to Latin American Gamers

Originally posted on PRWeb http://www.prweb.com/releases/2014/05/prweb11807722.htm

BOACompra & SafetyPay

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced a partnership with Brazilian company UOL BoaCompra, a leader in monetizing online games for Latin America.

“SafetyPay reaches hundreds of millions of consumers across Latin America who enjoy the company’s convenience and security,” said Fernando Estevez Vazquez, Head of International Strategy and Payments at UOL BoaCompra. “We’re excited to offer this easy-to-use and widely available payment method to customers across the region as we expand our payment coverage in Latin America.”

UOL BoaCompra provides payment services to more than 3,000 games across multiple platforms in Latin America, Portugal, Spain and Turkey.

“UOL BoaCompra represents some of the biggest names in online gaming around the world,” said Ronald Wieselberg, Vice President Business Development at SafetyPay. “This relationship complements our existing partnerships and extends SafetyPay’s reach to cover almost the entirety of the top of the online gaming market.”

About UOL BoaCompra
Founded in 2004, UOL BoaCompra specializes in monetizing online games while offering and servicing more than 3,000 games across multiple platforms in Latin America, Portugal, Spain and Turkey. As part of Brazil’s largest internet company and content portal, the company aggregates more than 1.2 billion page views per month and has more than 120,000 POS across LATAM. Several of the largest gaming companies including Valve, EA, Riot Games, Bigpoint, SmileGate and Aeria Games partner with UOL BoaCompra to bring their games to emerging markets including Brazil and most recently, Turkey. For more information, please visithttp://www.boacompra.com and keep up-to-date on the latest news at http://www.boacompra.eu/blog/.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

 

SafetyPay and GlobalShopex Work Together to Provide a Secure International Shipping Solution for U.S. Ecommerce Sites

Originally posted on PR Web http://www.prweb.com/releases/2014/03/prweb11656326.htm

Miami Beach, FL (PRWEB) March 11, 2014

SafetyPay™, a provider of online payment solutionsfor global ecommerce sites, has recently collaborated with GlobalShopex to provide a seamless ecommerce experience for consumers and merchants alike. SafetyPay enables consumers to shop online paying directly from their bank account in their local currency, allowing them to purchase merchandise from anywhere in the world. Now, with GlobalShopex’s international ecommerce checkout and shipping platform, U.S. merchants have the capacity to sell their merchandise across borders without the setbacks previously encountered from extending their reach.

GlobalShopex offers a fully-integrated approach to global ecommerce, providing online merchants with international shipping, logistics, and payment processing. By combining its international shipping solution with SafetyPay’s secure global online payment service, consumers finally have the resources to connect with merchants from across the globe with the promise of a secure transaction and speedy delivery.

“SafetyPay has a strong position in many international markets and consumers prefer their payment method when making purchases from global merchants,” said Colleen Petschulat, the Vice President of Business Development at GlobalShopex. “SafetyPay complements GlobalShopex by offering a truly globally accepted payment method to American merchants interested in reaching an even broader international market.”

Using its international ecommerce solutions, merchants ship their orders to GlobalShopex’s U.S. export hub where the company then takes care of the entire international shipping process, including the handling of customs and duties owed by the customer, tailored to each individual country. The full-service provider eliminates the risk that has previously plagued merchants offering payment and delivery to customers abroad. Furthermore, all of the items are shipped to customers from its in-store warehouse with an average delivery of only 4 business days, ensuring high customer satisfaction which in turn promotes a positive reputation for the merchant.

The recent collaboration of services offered by SafetyPay and GlobalShopex is sure to open doors for online merchants across the U.S., giving them an opportunity to gain a greater share of the global marketplace. “Together, our two companies have revolutionized the industry for U.S. ecommerce companies and provided consumers worldwide with easy access to foreign goods and services,” said Ronald Wieselberg, Vice President of Business Development at SafetyPay.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit SafetyPay.com.

About GlobalShopex
GlobalShopex is a leading provider of international shipping solutions for ecommerce companies looking to sell internationally. Based in Miami, Florida, GlobalShopex enables U.S. online retailers to sell internationally by fully managing and operating merchants’ international ecommerce, logistics, fraud prevention, and customer service. For more information, go to GlobalShopex.com.

SafetyPay and Globebill Join Forces to Connect Asian Merchants with Consumers Around the World

Originally posted on PR Web http://www.prweb.com/releases/2013/12/prweb11432389.htm

Miami Beach, FL (PRWEB) December 18, 2013

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency or in cash, Hong Kong based Globebill, a growing leader in facilitating secure online transactions between consumers and retailers, today announced its global partnership agreement. The agreement expands the reach of both organizations, connecting Globebill’s network of Asian merchants with SafetyPay’s global consumer base.

“The agreement with SafetyPay will enable our merchants and retailers to reach over 350 million SafetyPay customers in Latin America, North America and Europe,” said Forest Wang, CEO at Globebill. “Additionally, SafetyPay’s mitigation of fraud and zero chargebacks will provide our merchant partners with the confidence to adopt the solution quickly.”

Since it’s inception, Globebill has captured over 20% of the Chinese third party online payment market, with connections to over 5,000 active merchants. The company is widely accepted by all of the major Chinese banks and credit card issuers, with growing international relationships.

“Our partnership with Globebill represents another solid step in our continued growth and momentum,” said Barbara Bibas, COO at SafetyPay. “Our existing merchant partners around the world enjoy increased transactions delivered by the global reach and unmatched security of the SafetyPay solution. We’re excited to work with Globebill and offer these same benefits, along with our unique merchant marketing capabilities, to help Asia-based merchants enter and succeed in additional markets around the world.”

About SafetyPay
SafetyPay is a real time online payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay in their local currency directly from their bank account or with cash. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

About Globebill
Globebill is a leading e-payment service provider, with headquarters in China, offices in Hong Kong and Philippines, and rapidly expanding into new Asia Pacific markets. Globebill delivers advanced and secure e-payment processing solutions and services to over 5000 merchants across Asia. Globebill also offers a variety of payment solutions including multi-currency, multi-card and multi-payment methods, all combined with advanced fraud detection. For more information about Globebill, please visit http://www.globebill.com.

Startup Stock Exchange Begins to Offer SafetyPay as Secure Payment Option

Originally posted on PR Web http://www.prweb.com/releases/2013/11/prweb11371160.htm

Miami Beach, Florida (PRWEB) November 26, 2013

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, announced today the successful integration with Curacao-based Startup Stock Exchange Group of Companies (SSX). SSX provides a market for the owners of startups and small businesses to sell shares of their companies directly to qualified global investors on a government supervised public securities market.

“SafetyPay is an easy, safe and customer friendly platform that enables customers to invest on SSX in their own currency without having to fund a wallet or be approved for credit, and avoiding the unnecessary hassle of currency exchange conversion at the moment of payment,” said Ian Haet, CEO at SSX. “With SafetyPay, investors can fund their SSX Investor Account in their local currency and via their own bank. Once the payment is approved, the funds will be transferred to their SSX Investor Account, in the approved trading currency (US Dollars).”

SafetyPay doesn’t require registration or collect any customer financial information. Customers are always in charge of the transaction through their online banking platform, providing SSX customers with complete security and control over their funding.

“SSX’s integration with SafetyPay connects entrepreneurs and investors worldwide, breaking down startup’s geographical frontiers, and allows them to raise funds from all over the world,” said Ronald Wieselberg, Vice President Business Development at SafetyPay. “This gives investors of all sizes the opportunity to purchase ownership shares in global companies.”

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

About SSX
Startup Stock Exchange Group of Companies (SSX), headquartered in Curacao, a multi-cultural country in the Kingdom of the Netherlands with an outstanding stable legislation, is the first company created to provide securities exchange related services for startups and small businesses owners. Entrepreneurs can now, through SSX, sell a percentage of ownership shares to qualified global investors on a government supervised public securities market, creating the possibility to raise money at a significantly lower cost of capital, with less paperwork and in a shorter period of time than current money raising methods. Investors thus have the possibility to participate in a liquid market and, as owners, in the company‘s successes. To learn more about SSX, visit https://www.Startup.SX/

SafetyPay and OffGamers Partner to Offer Global Gamers Payment Security and Convenience

This article was originally distributed via PRWeb. 

SOURCE:  http://www.prweb.com/releases/2013/11/prweb11324800.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency or with cash, today announced a partnership with OffGamers, a leader in providing high quality customer service at an affordable rate for gamers from all walks of life and across the whole spectrum of game platforms.

“SafetyPay provides a uniquely safe and easy-to-use payment method that is available to hundreds of millions of bank customers around the world,” said Daryl Lau, Chief Marketing Officer at OffGamers. “With its direct bank connections in Latin America, North America, and Europe, we can reach more customers around the world and offer gamers more options and greater convenience.”

“OffGamers provides a full range of products and services to online gamers, representing some of the biggest names in gaming,” said Sandra Feinberg, Vice President of Sales, SafetyPay. “Our relationship with OffGamers will enhance our strong and growing presence in the international gaming industry.”

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency or with cash. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

About OffGamers
OffGamers is at the forefront of providing quality service at an affordable rate for gamers from all walks of life and across the whole spectrum of game platforms. We adopt leading technologies of world class standards, to push the boundaries of monetizing while pioneering new concepts and products.

Having been in the industry for over 10 years, we continue to push the envelope in the industry by developing and fostering strong partnerships with reputable game publishers and developers. OffGamers also facilitates the gaming industry by innovating effective game card top up systems and enhancing our user’s experience. To learn more about OffGamers, visit http://corp.offgamers.com.

SafetyPay Picked as One of the Most Popular Money-Transfer Services by Nearshore Americas

Original article: http://www.nearshoreamericas.com/top-six-money-transfer-firms/

Our Six Picks for Money Transfer

by: Raissa Carey

Years ago, when the Internet was still crawling and iPhones and iPads were not even a reality, transferring money internationally was more often than not a frustrating process. Those were the days when money transfers had to be planned in advance and made in person at a financial agency, with each transaction taking up to a month to complete.

Then the digital revolution gave birth to smartphones, tablets and fiber optics. Today, mobile computing is a trillion-dollar business – with more room to grow, according to the MIT Technology Review.

The growing mobile market is also changing the banking industry. The younger population, now more connected than ever, wants convenience and speed. Walking in a bank to pay bills or send money is already an old-fashioned habit.

So much so, that the Western Union Bill Payments Money Mindset Index points to increasingly tech-savvy consumers choosing to adopt mobile technologies to pay bills. “Consumers are increasingly looking for new ways to manage their bills, which points to the need for continued innovation by service providers across the payments industry,” David Shapiro, senior vice president of payments at Western Union, said in a statement.

It’s no surprise that the number of options in transferring money abroad via the Internet have grown exponentially as a result.

Western Union actually has seniority on money-transferring, having introduced the service in 1871. Back then, this was a walk-in processes only. But these days, customers can even send money to a mobile phone, if the receiver lives in a country where this service is offered.

Other banks such as Wells Fargo, have a range of options to send money to Mexico, Central and South America, and Asia, in account-to-account, account-to-cash, cash-to-account and cash-to-cash payments. Other options include popular online services such as PayPal, SafetyPay and Xoom.

All of these companies profit by charging their preset currency exchange rates, transfer fees, and by enforcing their own terms of service provided. The math is simple: the more ways and countries you can send to, the higher the fee and less advantageous exchange rate you’ll get. So the trick is to determine which institution will provide you with the best exchange rate and service fees.

Below is information on the most popular money-transfer services.

Western UnionWith a valid photo ID, you can go to any of the 489,000 WU locations in more than 200 countries and an agent will help you. Transfer fees start at $5.

For transfers larger than $3,000, WU makes account-to-account transactions through the online foreign exchange service. The entire deal can be made online: Once registered to the website, customers can get a quote for the currencies they’d like to exchange through the Currency Converter tool, then send the payment, either via account debit or wire transfer. When the payment is sent out, the recipient will receive the rate quoted at the time of booking, regardless of any valuation fluctuations.

This service also covers home businesses that need to send money internationally, at less than $10,000 per payment and up to five times a year. This is great for very small companies or start-ups. WU has also a solution for small business owners who need to make more than six payments a year averaging more than $20,000 per payment.

PayPal The pioneer in online payment and money transfers, this eBay subsidiary has grown bigger and better. An account can be created in just a few clicks and it’s possible to make transfers to the recipient’s mobile phone. PayPal exchanges the U.S. dollar to 24 currencies – including the Brazilian real, the Mexican peso and the Canadian dollar – and sends money to more than 100 countries.

Depending on the destination, international transfers have a small fee of 0.5% to 2% when fully funded through a bank or PayPal balance. If the transfer is being made with a credit or debit card, the fee rises to between 3.4% and 3.9%. This means the final cost of the transaction will depend on the country of destination, whether the transfer was made through a bank account or credit card and the exchange rate. Money transfers within the U.S. are always free. For 2.9% of the total amount plus $0.30 per transaction, it’s possible to transfer money using a debit or credit card.

SafetyPay: This online platform has patented the first non-card-based network payment technology designed specifically for those who need make to purchases from merchants worldwide, directly from their bank account and in their local currency. “When checking out, consumers choose SafetyPay as their payment method, and choose their preferred currency. They are then redirected to their online banking page, where they approve payment,” the company’s website states.

Besides online payments, the company differentiates itself from the crowd for its specialized services: Call Center Payments– an entire payment process geared toward businesses that rely on call centers for sales. Customers don’t need to use credit cards to make payments; they can conclude the sale using a unique payment code they received during the call to get connected to their online banking platform. They can also pay at one of SafetyPay’s walk-in payment partners. There’s also Invoicing – an automatic system that doesn’t require businesses to build a shopping cart platform. The business provides the customer with a payment code and a link to SafetyPay Express – SafetyPay’s online checkout page. The customer then enters the payment code, selects the bank and currency, and is directed to their online banking page.

Xoom: This company is expert in online international transfers, sending money directly to 30 countries, many of which are located in Latin America. The company’s main appeal is its low-fees and good exchange rates. Senders can fund their money transfer with a credit card, debit card or bank account, and the money can be picked up in cash at a selected location or deposited quickly to bank accounts. Users can send a minimum of $25 and up to $2,999 each time. Transfer fees, which vary depending on form of payment, country of destination and amount of transaction, range from $4.99 to $30.

Just recently Xoom partnered with Walmart.com so customers can send money 24/7 via the retail’s Online Money Center.

MoneyGram: Like Xoom, this is also a cost-effective solution and a Walmart partner. Unlike Xoom, it sends up to $1,499.99 per transaction to more than 197 countries. There are two types of service: same-day funding via debit or credit card and economy service, in which funds arrive within three business days. This is done via a bank account.

With MoneyGram, transfer fees are based on the service option and transfer amount, but they can be as low as $5 to send money to Mexico, for example. In addition, the company makes money during foreign currency conversion, and the exchange rate is set by MoneyGram and its agents.

Viamericas: With a mission to “unite immigrant families globally,” this is one of the best-value companies for transferring larger sums of money, according to a Consumer Reports investigation. The company has a useful “effective exchange rate”comparison tool in its website. The tool compares the amount of origination currency and the amount of destination currency among Xoom, WU, MoneyGram and Viamericas to provide customers with insight to the best value for their transaction.

The registration process is a bit more complex, requiring a bank account validation step that can take up to two business day to clear. But once the bank account has been verified and Viamericas has been paid, the beneficiary receives the money immediately. Customers can send up to $8,000 to thousands of locations in Latin America, United States, the Caribbean, Spain, Indonesia and Africa.

As mentioned, Consumer Reports investigated a number of other money-transfer companies and compared them according to fees and exchange rates.

SafetyPay Highlighted in WorldPay’s Alternative Payment and Distribution Landscape White Paper

SafetyPay Recognized in this year's WorldPay Report

“SafetyPay, the Florida-based non-card payment system, enables consumers to purchase from airlines worldwide and pay directly from their online bank account in their local currency. It also has a global cash platform where a consumer can order their ticket online and pay with cash at a local bank or payment centre.”

Alternative Payment and Distribution Landscape; Part One: Airlines Going Alternative, Page 8, WorldPay (2013). Released October 24, 2013