Why Global Payment Solutions?
The program brings together an alliance which currently has over 150+ major international banking partners in a consortium that allows our platform to dynamically federate into banking credit card portfolios having the need for the exact risk ratio profile the e-Commerce merchant currently exhibits. Our banking partners span the entire risk profile range and are in our consortium because they all have been shown, through our major German banking equity partner, exact facts of how the alliance, within a year operating on a credit portfolio of just under $1 billion reduced fraud ratios from north of 6% to under .1%, now operating at .08%.
The program factually allows e-Commerce merchants to do what they should be doing, focus on driving top line revenue growth using the most powerful growth vehicle in the world, the Web.
The platform focuses on:
- Managing banking and transaction credit facilities and,
- At the same time over time, reduces the fraud and chargeback ratios contained within the profile of the e-Commerce merchant banking relationship.
- Given time, merchant risk profiles are significantly reduced, especially those merchants in the medium to high risk starting profiles.
Bottom line results:
The program allows for focused top line revenue growth and reduced operating expenses, with operating expense reduction a result of lowered merchant discount rate offerings through our banking consortium. This reduction comes as a direct result of the programs effect on key inputs of e-Commerce merchant risk profile assessments by banks internationally.
