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Origins & Values

visionMore than a payment service provider, GlobalCollect is a true partner dedicating its attention, effort and expertise to its clients’ success.

GlobalCollect bases its development on a thorough understanding of its client’s challenges and a constant monitoring of the payment industry. The values that GlobalCollect’s team shares are perseverance and a strong commitment to deliver payment services that meet its clients' real needs.

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 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 year 2000 creation 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, enabling Internet shops to accept the most popular local payment methods worldwide through a single technical and administrative interface online.

For Call Centers, GlobalCollect developed a specific interface to its WebCollect online payment platform in 2003.

In October of 2005, in combination with private equity providers,  Waterland Private Equity Investments and Prime Technology Ventures, GlobalCollect's management 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.

On July 23, 2007, GlobalCollect announced that General Atlantic LLC, a leading global growth equity firm, has completed its transaction to acquire GlobalCollect from Waterland Private Equity Investments and Prime Technology Ventures. This marks a new exciting chapter in the further growth GlobalCollect. General Atlantic is an active value-added investor who supports GlobalCollect to develop its strategic growth plans. General Atlantic’s deep expertise in the industry, global network of contacts and regional presence in  the United States, Europe, India and China will be beneficial as GlobalCollect continues to expand.

Analyzing businesses needs and integrating the most advanced technology, GlobalCollect is constantly developing its applications and offering additional services. The hands-on dedication of its highly experienced professionals, who anticipate clients evolving needs, establishes GlobalCollect as the preferred international Payment Service Provider.

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© 2006 GlobalCollect all rights reserved.