Partners
Processing Partners
UKash
Transact24 is integrated to the revolutionary Ukash payment option deployed in the UK , Europe and South Africa . Ukash is a new way for consumers to spend online or over the phone using cash. Ukash revolutionises online payments as it is cash based: credit or debit cards are not required to use it. Ukash works like mobile phone pre-paid electronic top-ups and enables consumers to effectively pre-pay for online purchases using cash. Ukash is for people who have credit or debit cards but don’t wish to use them online or for those who do not hold payment cards at all, opening up internet shopping for this group for what is effectively the first time.
Banking Partners
Transact 24 has acquiring relationships with banks in Europe, the UK, Africa, Indian Ocean Islands and Asia. Negotiations are underway with banks in Australia, the USA and Latin America.
Currencies covered are all the major currencies and for international e-commerce clients we have the ability to acquire and settle in any currency with one of our banking partners.
Transact24 is accredited and adheres to the Visa and Mastercard Scheme rules and currently accreditation with American Express, Diners Club and JCB is in progress.
Escrow Partner
Transact24 set up a strategic Escrow Partner Agreement with a top Hong Kong based organization to manage and disburse settled funds for high risk merchants.
The Escrow partner is a leading professional service provider of integrated business, corporate and investor services in Asia. As a business enabler, they provide outsourced expertise in business support functions that allows clients to concentrate resources on what they do best - building business.
They provide value-added expertise in a range of business areas including accounting, corporate governance & company secretarial, payroll and the administration of fund, escrow and trust accounts.
The company built its reputation and professional expertise through the acquisition of various practices from major international accounting firms in Hong Kong, China, Singapore, Thailand and the British Virgin Islands.
The client portfolio includes the majority of companies listed on the Hong Kong Stock Exchange, more than 250 companies listed in Singapore and Malaysia, over 30 per cent of the Fortune 500 companies, as well as a significant number of multinationals and private enterprises operating in Asia.
China Venture Labs Ltd (CVL)Transact 24 is an International Internet Payment Service Provider with head office in Hong Kong and offices in Europe, the UK and South Africa. Transact24 is a key component and the latest acquisition of China Venture Labs Ltd (CVL), a China based Venture Capital/Incubator Company with interests in the media, Information Technology and Entertainment sector in the PRC. The CVL team is made up of seasoned professionals from Europe and China and they have extensive experience in the Internet and Mobile market in Europe and Asia.
Transact 24 will negotiate your fees based on your anticipated transaction volumes.
Our aim is to come to a pricing agreement that works for both of us!
