RBC facilitates online merchantsPOSTED: 09/7/16 9:42 AM
WILLEMSTAD/KRALENDIJK – RBC Royal Bank recently launched its online payment solution in the Dutch Caribbean. This service offers local business owners who operate an online store, the possibility to process payments through credit cards directly on their website. The payments will be credited instantly and are available the next day on the RBC account of the business owner. This service offers a local solution for business owners that are conducting business over the internet. The online payment solution will avoid the long and sometimes difficult process for opening a business account in the USA.
RBC partnered with First Atlantic Commerce, a trusted ‘online payment service provider’. First Atlantic Commerce provides a ‘payment gateway’ which offers a secure connection between the business owner and their website, the credit card company and RBC to process payments through credit cards.
This service has benefits for businesses. Among others it is secure, accepts and processes credit cards in Antillean Guilders and US Dollars, it processes sales quicker and improves the cash flow of the business, since payments will be credited instantly and are available the next day on the business owner’s RBC account.
The online payment solution enables the business owner to track the transactions and print a report daily. The business owner can offer products and services 365 days a year, 24 hours a day, as an online merchant.
As of 2015 RBC Royal Bank has made significant investments in technology, including upgrading point of sale machines. This enables the offering of new, innovative products and services such as RBC EZPay, which was launched last year.