In our ongoing quest to increase our clients throughput and ability to process for all possible consumers that are interested in their products/services, we are opening up our Beta program for Latin America DirectPay, a method to monetize the 175 million Latin American, high speed internet surfers that are currently unable to pay for goods and services online.
Clients that were involved in the early portion of our beta have seen a 10% or more increase in throughput from adding this option
How does it work?
1) A Consumer visits your site from Mexico and he clicks on your join button, he is offered the Latin America DirectPay option to make his purchase, via the banks that he is familiar with in his country.
2) The Consumer clicks on this Latin America DirectPay option, which is presented in his own language, and fills out a simple form.
3) After completing the form, the Consumer is given two sets of numbers. He can either take this information and deposit funds from his own bank account via his online banking admin; or he can choose the more common Latin American deposit method of visiting any of the many bank branches located in his area, where he can deposit the funds in cash.
4) Upon deposit of the payment, the Consumer then receives an email with his username and password credentials within 30 minutes, and the process is complete.
Q. What countries do you have in this system?
A. We currently service Mexico, but will add Brazil within the next few months. Columbia, Peru, Argentina and Chile will all be added throughout 2010, offering you over 89% of the total Latin American market reach.
Q. What are the costs for this service?
A. This system works within a much smaller banking network than the credit card associations, thus there are a number of additional costs associated with this type of transaction, However, these are transactions the credit card associations will not process, so any transactions are likely ones that you would not have gotten anyway using Credit Card options.
Transaction Price Point:
$2.95 to $24.99 30%
$25.00 to $49.99 25%
$50.00 to $99.99 20%
$100+ 15%
Q. How can I get started?
A. Go to
http://www.ccbill.com/beta/ and fill out the beta information for Latin American DirectPay. You will receive follow up information on this process within 24 hours.
In closing, CCBill is offering the opportunity to finally collect from its consumers in ways that are not available from any other payment processor. Take advantage now, and start making extra money from Latin America today!