E-money Account
Overview
An E-money account is an alternative to a bank account. You get all of the features of a bank account plus extra benefits. An E-money account allows you to rapidly and securely make online money transfers to other registered users in the e-money system as well as any other banks in the world, using SWIFT or SEPA money transfer systems. In order to make payments customers use advanced systems of Online Banking and Mobile Banking, which ensures a convenient access interface to personal finance from anywhere in the world. In a package you can order payment cards linked to an e-money account which will allow you to make payments anywhere in the world, use ATM withdrawal as well as get additional business benefits for your online business.
Solutions for Merchants
Adding the capability of e-wallet to your payment processing system will improve sales and increase business development. Many people use e-wallet because it is heavily encrypted and proven to be secure. The e-wallet contains both the personal bank account and credit card information of the account holder. Customer can make the payment easily without filling forms or exposing their credit card or bank account details online.
A Merchant account in an e-money institution is ideal for high risk services such as gambling, MLM, etc. and facilitates quick and secure payouts.
Advantages
- MCC of e-money transfer
- Rapid online top up
- Quick and low-cost payouts
- No chargebacks
- Minimum risk of fraud
- Recurring transactions
- Easy web site integration
- Multiple currencies
- Transfers to bank accounts
