Whether it's a domestic or international transaction, buyers can choose to pay by debit/credit or wire transfer, while sellers can receive payment into their nominated bank or PayPal account.
Buyers and sellers on your marketplace can pay, and be paid, through multiple methods.
PromisePay accepts credit and debit cards from both Visa and MasterCard to allow your customers to pay conveniently and instantly using the international standard they’re familiar with. American Express and Discover are both coming soon.
Convenient for large or international transactions, PromisePay can send and receive bank-to-bank payments via wire transfer both domestically and internationally. [Pay in: tick. Pay out: tick]
Automated Clearing House (ACH) payments, also known as e-Checks, are faster than wires and are available to all USA based buyers and sellers as a convenient form of electronic payment.
PayPal is the world's largest international digital wallet allowing international payments to and from anyone with an account. All customers have to do is provide PromisePay with their preferred PayPal email address.
In Australia, PromisePay can send and receive payments using Direct Debit. With Direct Debit, customers can authorize PromisePay to collect a payment directly from their nominated bank account.
In Australia, PromisePay can send and receive payments using BPay. With BPay, PromisePay issues a biller code to the customer who uses this when transferring the funds via online or telephone banking.
PromisePay is working hard on making more payment types available to marketplaces and customers in the near future to allow even more ways for your customers to transact.