Why Local Payments Are Better Than Card...
This article delves into the reasons why local payments often outshine card proc...
Read MoreIncrease customer confidence by providing
familiar and trusted local payment options
for higher conversions and customer satisfaction.
BeePay leverages local and card payment networks to provide merchants with real-time pay-in and payout capabilities, enhancing the overall user experience for their customers.
This integration allow merchants to manage cross-border payments efficiently, with support for multiple currencies and seamless transactions.
Significantly reduce counterparty risks. Full merchant settlement at D+0 to manage cashflows
User-friendly API for seamless integration to the merchant.
Fees only apply upon successful transactions; Merchants are our business partners.
Merchants has access to our state of the art back office portal. Downloadable reports
for merchants to make timely reconciliation on daily deposits, withdrawals and settlements.
Take control of cash flow without worrying about funds being withheld
Experience the easiest way to manage your finances—try BeePay's user-friendly interface today!
We understand about urgency. Access 24/7 merchant support through live chat, email, or phone for assistance with technical issues, payment disputes, or integration.
By leveraging our payment solutions, BeePay ensures swift pay-ins, payouts, and settlements, streamlining merchant operations and enhancing user experiences. Its stringent security protocols further instill confidence in transaction integrity, fostering trust and reliability in the payment process.
Let’s Talk About Your Business—We’re Here to Listen!
Weensuring compliance, security, and seamless onboarding for merchants while protecting all parties involved in digital transactions
Effortless integration with your systems for seamless payment processing.
Our success lies in empowering businesses to achieve their goals
The D+0 settlement has made cash flow management so much straightforward for broker dealer operations like us. Especially when for our STP operations. Highly recommend.
We have used Beepay to clear local payments for a few exotic currencies and some South East Asian countries. Smooth and no major hiccups
Got to know Beepay's co-founder when I was searching for a solution to incorporate a broker in an offshore jurisdiction. Then on, I referred many clients to Beepay, and continue to do so.
Started with skepticism in 2018, I only understood BeePay's value in 2019 after losing funds through the rolling reserves and T+7 funds kept with my card processor, when they shut down unexpectedly. If you're in the deposit and withdrawal business, BeePay is a must!
Whether you're new to BeePay or a long-time user, this section is designed to answer frequently
asked questions, provide some clarity, and provide some reference to what you need.
A local payment solution is a payment system or service that allows businesses and individuals to process transactions using methods that are widely accepted and preferred within a specific country or region. These solutions are tailored to meet the needs, regulations, and consumer habits of the local market, making it easier for businesses to engage with customers in their area or expand globally.
Cost
Local Payments: Merchants and their customers upon realizing the final proceeds is significantly lower compared to international card processing
Market Access
Settlements
Chargebacks
BeePay, prioritize clarity and transparency when working with our merchants. We believe in building trust and long-term partnerships, which is why we only work with legitimate business owners and legal entities.
We understand that every company, big or small, goes through the startup phase. That’s why BeePay is committed to independently assessing each application and carefully listening to the pitch of every business. Whether you’re a budding entrepreneur or an established enterprise, we evaluate your business with an open mind.
Market Penetration:
Businesses expanding to new regions can attract more customers by offering local payment methods.
Cost Efficiency:
Using local payment networks often reduces processing fees compared to international solutions.
Customer Convenience:
Customers prefer paying in familiar ways, which leads to a better user experience and higher trust.
Increased Sales:
Offering diverse payment options tailored to local markets can boost sales and reduce cart abandonment.
Local payment solutions support methods like bank transfers, mobile wallets, cash-on-delivery, and regional card networks that are commonly used within a specific country (e.g., UPI in India, Touch N Go in Malaysia, Giropay in Germany, Mpesa in Kenya).
BeePay is built on trust, transparency, and fairness. It does not hold custody of merchant or customer funds. Temporary fund holds may occur rarely for security or compliance purposes through Beepay’s providers but are resolved quickly to minimize disruption. Immediate service termination may apply if a merchant engages in fraudulent activities, dishonest acts, legal violations, or breaches AML/CFT regulations. Frequent disputes may also lead to service termination.
Customers are more likely to trust and use payment methods they are familiar with, increasing conversions and sales for businesses.
Our success in creating business solutions is due in large part
to our talented and highly committed team.
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