Tecknapay - WorldPay Remittance and Shopping Cart Software

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WorldPay Remittance

WorldDirect

Remittance is made weekly after a retention period, usually 4 weeks, but which may vary according to the financial strength of the applicant and the type of product or service offered.

For example, the customer will receive week 1's revenues in week 5, week 2's in week 6 etc.

WorldPay can remit funds due for customer's bank accounts in any of the following 14 currencies to any bank world wide, using the SWIFT payment system.

UK Sterling
US Dollars
Euro
Canadian Dollars
Japanese Yen
Swiss Francs
Danish Kroner

Swedish Kroner
Norwegian Kroner
Australian Dollars
Hong Kong Dollars
New Zealand Dollars
Singapore Dollar
South African Rand

Please Note: Due to Card Scheme regulations, WorldDirect customers can currently only display the Card Scheme logos on their payment pages.

Bank Acquired

Remittance is arranged between the customer and their acquiring bank. In this model WorldPay simply acts as the intermediary between the customer and the bank acquirer and has no influence on remittance times.

WorldPay can process transactions in virtually any currency, and can process through virtually all of the UK and US banking network. Multi-currency transactions are passed through NatWest Bank in the UK.

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All costs stated exclude VAT.