What is Glocash Payment? Glocash Payment Review, Features

What is Glocash Payment? Glocash Payment Review, Features

Glocash Payment was founded in 2017 and focuses on cross-border collection services for international credit cards and overseas local payments, providing overseas merchants with a one-stop cross-border payment solution that is safe, compliant, convenient, easy to operate, and covers the world.


About Glocash Payment

Glocash Payment has obtained payment service licenses in multiple international regions such as Europe (EMI) and Hong Kong (MSO). It has the highest level PCI DSS LEVEL 1 security certification in the global financial industry, the ACAMS certificate issued by the internationally recognized anti-money laundering association, and the CIPM and CIPP/E certificates issued by the International Privacy Association IAPP, providing online aggregate payment services with security, compliance, risk control, and information protection for overseas trade. It supports mainstream international credit card acquiring such as Visa, MasterCard, American Express, and JCB. The company's independently developed convenient online integrated payment interface can quickly connect to more than 300 payment products worldwide with one click, covering more than 200 countries and regions around the world.


Products and Services

  • International credit card collection: Supports international mainstream credit card collection such as Visa, MasterCard, American Express, JCB, etc., and provides highly competitive rates;

  • Overseas local payment collection: supports more than 300 conventional payment products worldwide, covering more than 200 countries and regions around the world.


Service Advantages

  • Flexible pricing strategy: free account opening, no transaction, no charge; two pricing strategies are provided: 3.5% standard rate and personalized pricing based on the nature and size of the enterprise;

  • Professional technical team: The online integrated payment interface independently developed by the technical team facilitates the connection with global payment products and enables the rapid launch of payment functions in various forms;

  • Intelligent management background: supports one account to manage multiple platforms, convenient management, and transaction data visualization to facilitate operational analysis.


Development History

  • In November 2017, UAB Glocash Payment was granted the EU Electronic Money Institution License (i.e. EMI) by the EMI entity authorized by the Bank of Lithuania, which allows it to legally provide international payment services, including remittances, execution of payment transactions and cash withdrawals, in accordance with European regulations;

  • In June 2018, it passed the PCI DSS LEVEL 1 certification and has passed this security certification for four consecutive years. The high standard of payment system data security provides safe and reliable cross-border payments for overseas companies.

  • In March 2021, it obtained a Hong Kong Money Service Operator (MSO) license, allowing it to legally provide remittance and collection services and currency exchange services.

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