Payment service provider AP Solutions introduces PagosBancarios to their lineup of global payment solutions.
PagosBancarios allows consumers to use their own bank account to pay online for goods and services at merchants worldwide, with the added benefits that no additional personal information need be disclosed and payment is made in their local currency.
PagosBancarios gives merchants access to additional consumer markets that are generally not supported by other traditional online payment systems, because PagosBancarios is supported by a consortium of international banks that are also represented in countries such as Brazil, Chili, Mexico, and Peru.
No credit card is needed to actuate a transaction, but only a bank account at one of the supporting banks. This is a big benefit for domestic US-based merchants who restrict purchases with non-US payment cards, as they can now accept international payments that are guaranteed by banks. Thus by adding PagosBancarios , merchants will not only benefit from extending their reach, but also from knowing that the payment is guaranteed with no risk of chargebacks.
AP Solutions is providing the service to merchants because it allows merchants to simply process more transactions and furthermore because PagosBancarios fills the need for an online payment method in countries that have low credit card penetration.
AP Solutions, Inc. , headquartered in the USA with offices in Europe and Asia, is a well-established payments processor that offers merchants a complete set of payment solutions tailored to local markets around the world. The Company's focus remains alternative global Internet payments and providing merchants with affordable and easy-to-integrate solutions.
