International Payment Services
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The offline to online payments evolution of the Direct Selling industry.
The World Federation of Direct Selling Associations calls "direct selling a dynamic, vibrant and rapidly expanding channel of distribution for the marketing of products and services directly to consumers". We couldn't agree more. Direct Selling incorporates a variety of sales models, including network marketing, multi-level marketing (MLM) and direct marketing across a wide spectrum of industry verticals. And GlobalCollect is uniquely qualified to help your direct sales organization achieve its global ambitions.
GlobalCollect has opened the door to global online payment processing for many leading direct sales companies. We understand how direct selling works and that companies need to be ready for rapid international expansion at short notice. By choosing GlobalCollect, you gain access to its vast network of banks and payment methods around the world. This means that your company doesn't have to invest time, resources, and money in building individual relationships with domestic or overseas banks, doing market research on what payment methods are most popular in which countries and figuring out how to comply with local banking and regulatory requirements.
GlobalCollect can bring you incremental sales and cut costs at the same time. In addition to traditional credit cards, GlobalCollect provides you as a merchant with a payment network that supports a vast array of national cards and non-card based payment schemes - among them direct debits, bank transfers, real-time banking, cash based payments, eWallets, prepaid cards, and checks. There is a direct correlation between the number of localized payment methods offered and increased conversion rates. Not being able to address this portion of the market equates to lost sales and missed opportunities. GlobalCollect also fully supports the practice of recurring billing, be it fixed or variable amounts, which is part and parcel of the "auto-ship" and other models so popular within the direct sales industry. Offering customers and distributors choice to accommodate their preferences engenders trust and confidence. Accordingly, they will be more inclined to purchase your product which will in turn result in higher conversion rates, raising your top line sales.
Making commission payments to distributors and associates is crucial in the direct selling business model. GlobalCollect's PayOut Service enables you to transfer money electronically to your distributors or associates in over 20 countries. Plus, payouts can be pre-funded in one or multiple currencies. All that is required is the bank account data of the recipient so GlobalCollect can validate the bank account information and transfer funds. PayOuts come at a fraction of the cost of a traditional wire transfer.
GlobalCollect makes it easier to enter foreign markets and can help you to increase your company’s revenues - so join the growing number of direct selling companies already tapping our global payment processing expertise and contact us today.