So in order to clear up any confusion I’d like to take this time to reintroduce you to the DebitWay Family, the appropriate acronyms and of course the specific function of each individual payment method that make up our Online Payment Processing Service household.Let’s start with DebitWay itself, you may believe that the acronym it is associated with is DBT and in fact you would be correct! But do you know what DBT stands for? Direct Bank Transaction? Direct Bank Trade? Dominant Bank Team? No, no and… No.
The acronym DBT actually stands for DEBITWAY BANK TRANSFER. Of course now that you see it, it makes perfect sense. After all, DebitWay has been in the business of providing you, the online merchant, with the best, most reliable and most secure payment processing for over 10 years, or in laymen’s terms, DebitWay transfers money from one bank to another.
INTERAC® Online Payment (IOP)
The DebitWay IOP service is a boon for Canadian e-merchants; it allows them to benefit from real-time payment processing, no charge backs and the added luxury of being able to rely on a widely recognized and respected payment method of which DebitWay has been Certified Payment Provider for over a decade.
“Wait, Wait! What if I am not a Canadian e-merchant!?” I hear you, and I am getting to that, rest assured, DebitWay has taken the world into account and the next member of the family is tailored for the world as a whole!
Direct Debit Transfer (DDT)
DDT is DebitWay’s “Worldly” family member. What does that mean? It means that if you, as a savvy online merchant, generate transactions from say… United States of America, United Kingdom, China, Mexico or Australia(for example), DDT is likely the payment processing method most tailored for you. With banks in over 50 Countries signed on to DebitWay’s DDT, we have the payment solution you need.
Direct Debit Transfer is akin to IOP in that it will process your transactions in real-time and eliminate the fear of charge backs. The name says it all; it is a direct debit transfer payment solution, the consumer’s funds move directly from his or her bank (world-wide) into your (the DebitWay partner’s) account. Quick, simple and infinitely effective!
Electronic Funds Transfer (EFT)
EFT is a long-standing payment option that allows Canadian e-merchants (yes, yes, I will get to those non Canadian entities in a moment) to accept payment for their products or services from anyone who is the bearer of a valid checking account.
EFT is the payment gateway for processing e-checks. While IOP and DDT are more exclusive, EFT is all about inclusivity! It makes no difference if the consumer on your website conducts his or her financial transactions with a bank, credit union or caisses populaires. If they can write a check, they can pay you, simple as that.
Automated Clearing House (ACH) *Coming Soon!
This brings us to the next member of the DebitWay family, EFT’s American counterpart (I did promise that I would get to the non-Canadian entities). ACH, short for Automated Clearing House, allows merchants to accept e-checks from American financial institutions. Let’s be honest here, Canada (which is an incredible country that can boast producing the most fantastic maple syrup and the best hockey players in the world) has a population of 35 million, whereas the United States of America can lay claim to population that numbers in excess of 317 million people!
So I ask you, wouldn’t you, as an e-merchant, want to allow these millions of potential e-shoppers the opportunity to pay for your product or service? Of course you would!
Credit Cards (CC)
Of course credit cards will always be a mainstay in the PSP world. When all else fails, eConsumers reach for their credit cards in order to complete online transactions. While DebitWay.ca has gone to great lengths to provide eMerchants to the best, most reliable and most intuitive alternative payment service processing, the fact remains that DebitWay’s #1 goal is to provide its merchant partners with every tool they need in order to grow and prosper in the eCommerce world, as such credit cards are being added to the DebitWay family!
These 5 online payment methods are not novel, what is novel is the security, customer service and dedication that DebitWay.ca offers alongside their family of payment methods. A family that is all readily accessible from one place, with one Master Merchant Account.
Be advised World of Tanks (WoT) and World of Warplanes (WoWP) aficionados, THE TIME IS NOW!
As we mentioned in our previous blog entry, the minds behind Wargaming.net and Debitway.ca have banded together to offer players of the #1 RTS tank game and warplane game in the world 2 Epic Gold Bonus Bundles.
We promised you that the details of the sale would be forthcoming in our previous article, and we stand by our word. After all we wouldn’t want you getting angry and rolling a M4A3E2 Sherman Jumbo into our offices or dive bombing an Ilyushin IL-40P, guns blazing, through our front doors.
Now temper your excitement for a moment, we need to specify that the following Gold Bonus Bundles are Valid for both World of Tanks and World of Warplanes, in fact the gold purchased via DebitWay.ca’s payment platform will be linked to you wargaming ID and not a specific game. So choose your bundle and chose your game, heck if you asked me, I’d tell you to choose a bundle for each game, unless you are ready to argue over the merits of the Army versus the Airforce, personally I think both are immeasurably valuable to any army, but I digress…
One more thing before I go on to list the details:
These Gold as a Bonus Bundle offers will ONLY last 1 Week, from September 25th to October 1st & only to players who transact via DebitWay’s certified INTERAC® Online Payment platform, so if you are contemplating your purchase, do not contemplate too long, you know that you will kick yourself if you miss it.
Now on to the details that you have been waiting for impatiently!
780 Gold as a Bonus
That’s a 12% Bonus!
2,400 Gold as a Bonus
That’s a 16% Bonus!
As far as Massive Multiplayer Online (MMO) Real-Time Strategy (RTS) games go, Canadian gamers know and love WoT and WoWP, that is no secret. With graphics that are second to none, a gaming engine that makes you feel like you are in the cockpit of an agile warplane or in the hull of a powerful tank, it is no surprise that millions of Gamers around the world have made Wargaming.net their destination of choice.
Factor in the structure in which wargaming.net has implemented monetization in their games and players fast become aware that this game is all about skill and dedication, not deep pockets.
DebitWay.ca has become the alternative payment service provider of choice for the social gaming industry. The skills to get merchant partners, up and processing transactions in record time (30 days to Live) and the dedication to providing the assistance and support needed to optimize a merchant’s return while protecting the security of their registered users.
This Gold as a Bonus event does exactly that! Canadian gamers who play WoT or WoWP and who opt to benefit from this week long “Thank You” event will enjoy the dedication that Wargaming.net has shown over the years as well as benefit from the innovative DebitWay.ca IOP payment method that protects them from identity theft thanks to the dedication the Montreal, Quebec alternative payment service provider has put into providing eConsumers a way to pay that does not require them to transmit any sensitive information across the internet.
The time couldn’t be better for fans of World of Tanks and World of Warplanes to make their first Gold purchase or to make another, all signs point to YES!
Interac Online is a cost effective way to increase your sales and will integrate seamlessly into your online presence and current payment systems.
Any consumer who uses online banking at any of these financial institutions can use Interac Online.
Toronto Dominion Bank (TD) – Bank of Montreal (BMO) – ScotiaBank – Royal Bank of Canada (RBC) – Envision Financial – Meridian
If you are in the Digital Currency industry and trade in eMonies like Bitcoin, Litecoin, Dogecoin, etc, odds are that you have come face to face with the ugly truth… Banks do not want to deal with you.
You may well have all your ducks in a row, you may well be showing long term stability and you may well be a reputable business… odds are Banks will not be keen on giving you a merchant account. Why is that?
- Digital Currency is a “High Risk” Industry
- Banks don’t want to risk running afoul of AML (Anti Money Laundering) policies
- The anonymity of “Peer-to-Peer” transactions makes it almost impossible to KYC (Know Your Client)
Financial institutions will always err on the side of caution and for that reason, many Digital Currency Entrepreneurs have found the doors slammed in their faces or worse… their merchant accounts and clients accounts closed without warning by the issuing Bank.
Essentially, Bitcoin and other Digital Currencies cannot be controlled by the banks, so the banks have become very apprehensive of any dealings with entrepreneurs whose business is or revolves around Digital Currency.
DebitWay.ca is a long standing alternative payment service provider, an experience, sophisticated and tested PSP that has fostered and nurtured strong relationships with Banking conglomerates. What does that mean for the Digital Currency Entrepreneur?
- DebitWay.ca can Get you a Bank
- DebitWay.ca can get you up and running
- DebitWay.ca can make sure you understand AML
- DebitWay.ca can make sure you KYC
- DebitWay.ca can Manage your “High Risk” venture
While that may all sound fine and dandy indeed, the question then becomes how? And Why? And What’s the catch?
Let’s start with the HOW
- With over a decade of experience in the PSP world, strong financial ties are made
- A 10 year track record of exemplary practices has cemented trust from Banking entities
- DebitWay.ca acts as a “buffer” between You (the merchant) and Them (the banks)
- In so doing, DebitWay.ca assumes all the risk. Effectively insulating the Bank
Let’s move on to the WHY
- Digital Currencies are The way of the future, without forward thinking there is no longevity
- DebitWay.ca was born online for the online industry same as Digital Currency
- DebitWay.ca understands Digital Currency & Understanding is the first step to accepting
And WHAT is the catch
- There is no catch
- DebitWay.ca processes Your transactions for You
- As Such DebitWay.ca Wants You to succeed
- More Transactions processed means More Profit for everyone concerned.
It really is that simple. DebitWay.ca can help you get to where you should and want to be, online, active and running a successful business venture.
So what does DebitWay.ca offer in terms of payment services?
- Certified INTERAC® Online Payment Processing. (IOP)
- Direct Debit for Canadian eConsumers
- Real-Time payments for the eMerchants
- Cash transactions that are not susceptible to Charge Backs/Reversals
- Direct Debit Transfer. (DDT)
- Direct Debit for International eConsumers
- A growing network of 160 International Bank Partners all over the world (60 Countries and growing).
- Cash transactions that are not susceptible to Charge Backs/Reversals
- Electronic Funds Transfer (EFT) eChecks
- Electronic Check processing for Canadian eConsumers
- Access to any customer, anywhere in Canada with a checking account for eMerchants
- eMerchants can accept eChecks from Banks, Caisses Populaires & Credit Unions
- Automated Clearing House (ACH) eChecks Coming Soon
- Electronic Check processing for American eConsumers
- Access to any customer, anywhere in the United States of America with a checking account for eMerchants
- eMerchants can accept eChecks from Banks & Credit Unions
In the last 2 months alone, DebitWay.ca has partnered and helped 3 more Digital Currency enterprises
With more partnerships on the horizon, DebitWay.ca is continuing to prove that they understand and sympathize with the Digital Currency industry.
Ask yourself what doors you can open if you partner with the right payment service provider;
Do it the RIGHT WAY, Do it the DEBITWAY!