Credit Cards Online Information

AMSTERDAM, Netherlands -- GlobalCollect, the leading Payment Service Provider specializing in online alternative payment methods to credit cards has received very positive feed back from its pilot customers of iDEAL, the new Dutch real-time banking payment method.

GlobalCollect, today announced the first results of the iDEAL pilot with two of its customers, Belbios the cinema software solution provider, and Zylom, the successful Dutch online gaming company. As a pioneer in the field of real-time bank transfers, GlobalCollect already offers payment methods similar to iDEAL in Finland and Sweden with Nordea, in Germany with online Uberweisung, in Belgium with ING Homepay and in the Netherlands with Rabo Direct Betalen. Next November GlobalCollect will also add EPS, a very popular Austrian real-time bank transfer.

Andre-Marc van der Wulp of Belbios, the first merchant to have processed a successful iDEAL pre-pilot transaction in The Netherlands says:"Real-time bank transfer payment methods such as iDEAL are very attractive, because just like credit cards, they enable an immediate authorization of the payment, but unlike credit cards, they do not have any charge-back risk." Erik Goossens of Zylom adds: "With one interface to all the relevant local real-time bank transfer solutions, GlobalCollect is enabling us to reach customers that do not have credit cards, or do not want to use them online."

Research carried out by GlobalCollect shows that merchants are likely to roll out incentives for their customers to use iDEAL instead of credit cards. Next to the security benefits, the pricing model will allow substantial reduction of transaction costs. GlobalCollect estimates that for high value transactions (over 100EUR) reduction of transaction costs could reach 80%.

Jan Manten, CEO of GlobalCollect says: "iDEAL has raised a lot of interest amongst Dutch customers as well as international customers. Our vision is to enable merchants to accept all the relevant local payment methods in local currencies through one single interface. We believe in the success of real-time bank transfers payment methods such as iDEAL and will keep on investing in the implementation of all the popular local real-time bank transfer solutions. "

# posted by Medical Information : 2:07 AM