SafetyPay is a global payment solution in real time, with more than 100 authorized banks worldwide. Launched in 2007, it is available in Latin America, the United States, Europe and Canada. It is a safe online payment method that allows for cash sales through multiple service channels such as e-commerce or via call center for customers who wish to pay using the internet banking service of their respective banks, and also for people with no bank account.
It adds value to all participating parties – banks, merchants and consumers.
- Eliminates fraud and identity theft risk for consumers and merchants;
- Provides banks with an additional revenue stream and cross promotional opportunities;
- Expands their merchants’ customer base with an international reach of hundreds of millions (and growing) potential banking customers who can pay in their local currency;
- Non-credit card holders have a way to pay for products and services.
- Overcomes social/cultural barriers such as fear of using a credit card, need of receipt, etc.
- Effectively brings the easiness of internet shopping to segments that so far are prevented from shopping online.
- Real-time automatic notification to merchant – no need to do any reconciliation.
- Payments can be made by customers anywhere in the world.
- Automatic and unified reporting system is available through SafetyPay’s web applications.
- Marketing support through our partner bank network.
SafetyPay is an innovative, patented e-payment process that operates as a global clearinghouse.