We designed this system to empower global merchants and consumers with access to a new, streamlined approach to payment processing
Boca Raton, FL (PRWEB) March 01, 2016
MagicPay Merchant Services has announced plans to launch its new “Global Retail Merchant Account” service, a global retail merchant account payment solution for international merchants. This solution provides a service to retail merchants that operate in multiple countries and choose to bank in a country separate from the country in which they retail. The Global Retail Merchant Account will also allow merchants to accept payments in multiple currencies. This new feature is designed to help merchants grow their clientele base and save on excessive settlement and transaction fees.
“Combining the global merchant account flexibility with the MagicPay Payment Gateway has never been easier,” says Rami, a sales manager at MagicPay. “We designed this system to empower global merchants and consumers with access to a new, streamlined approach to payment processing. Already, we’ve experienced significant demand for our product, and we’re confident our user base will expand even further thanks to our new global retail merchant account feature.”
Using any mobile device (audio-jack encrypted) credit card reader service, online payment system, or computer based USB magnetic stripe reader, a customer can now scan their card and pay for a product or service nearly anywhere in the world. The MagicPay platform settles all transactions into the merchant’s preferred nation bank account.
“The MagicPay Payment Gateway is a vital platform for bringing global commerce services to merchants who previously had only limited or costly settlement options,” says Rami.
In combination with the multiple currency credit card processing services offered, the Global Retail Merchant Account program allows retail enterprises in almost every country to accept swiped credit card transactions in nearly any currency and deposit those funds into a bank in almost any other country. For companies operating in multiple countries, MagicPay Global Retail Merchant Account provides a trusted way to consolidate payments and withdraw those funds in a country of convenience.
MagicPay announced that the company would be providing comprehensive, 24-hour customer service support to help merchants get up and running using the new global payment feature.
“We provide live reports, chargeback management tools, and 24-hour customer service,” said Rami. “Without MagicPay, settlement at foreign banks can take several weeks to process. With a MagicPay Global Retail Merchant Account, our users receive their funds on a weekly basis.”
About MagicPay Merchant Services
Formed in 2012, MagicPay is a leader in global merchant account processing. Our focus on global access, global payments and settlement, and secure mobile processing will consolidate your settlements, decrease your transaction fees, and get you paid faster. For more information about MagicPay, please visit the official website at http://www.MagicPay.net