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Webtel.mobi’s Zero Cost, Multicurrency Payment Gateway Systems, Available to Merchants and Consumers Worldwide

·4-min read

WM’s ICLM and TUV online payments capacities provide Online Businesses worldwide with free and instant integration, and zero-cost multicurrency transactions and wallets

NEW YORK and ST PETER PORT, Guernsey, Sept. 30, 2021 (GLOBE NEWSWIRE) -- The Payments Facilities of Global Telephony Provider Webtel.mobi (“WM”) are not limited to Offline Payments. Its ICLM and TUV Facilities also have full Online Payments capacity, and can be used in the Online Payments or Payment Gateway role – for making or accepting payments – by all WM Members worldwide.

WM’s ICLM Payment and TUV Payments are de-facto Payment Gateway equivalents, and are able to be used for accepting Online Payments instantly when a Merchant joins WM as a Member. The only equipment required is a person’s existing Mobile Phone – whether a Smart Phone or Pre-Smart Mobile Phone.

All a Member needs to do to utilize these systems as de facto Payment Gateways is display his/her ITAN Number (Inter-Tel.mobi Account Number) and Mobile Number on the website, and the currencies that they will accept for payment. The identifying names or references for the good or services being sold act as the payment reference.

Merchants can then instantly accept Payments in all Currencies available on the WM Platform from any WM Member anywhere in the world – and receive immediate settlement, 24/7/365 –without the possibility of chargebacks.

We Accept ICLM and TUV Payments

Our ITAN: WM1234567891234567891234

Our Mobile: +XX 1234 567 890

We Accept ICLM and TUV Payments

Our ITAN: WM9876543219876543219876

Our Mobile: +XX 9876 543 210

Payment Currencies Accepted: All Currencies

Instant Confirmation by Text: Yes

Payment Currencies Accepted: USD only

Instant Confirmation by Text: Yes

There is zero cost to Merchants accepting Payments if using the TUV Payment Gateway equivalent, or an ultra-low cost to Merchants of 0.25% to 0.1% if using the ICLM Payment Gateway equivalent. With the ICLM Payment Gateway Equivalent, Merchants can choose if they pay this ultra-low cost, whether the Purchaser should pay the cost, or whether the cost is split between Merchant and Purchaser.

For Purchasers who are Members of WM, Payments are free and instant 24/7/365, with instant transaction history and confirmation of payment by email and text. Payments can be made in any WM Currency from any of the free multicurrency wallets provided by WM.

Generally, standard Payment Gateways charge Merchants high fees for integration into websites, charge high transaction fee, provide unfavorable and forced FX Conversion rates, do not easily provide many multicurrency accounts for settlement, take days or weeks to provide full settlement and hold back funds in retentions.

In comparison to WM’s Payment Gateway equivalents, which provide free, instant, global and multicurrency services - it will be difficult for them to compete or even to survive.

ONLINE PAYMENTS CHARACTERISTIC

STANDARD
PAYMENT GATEWAY

ICLM
PAYMENT GATEWAY

TUV
PAYMENT GATEWAY

Make Online Payments

Yes

Yes

Yes

Functions 24/7/365

Yes

Yes

Yes

Make & Receive Payments to & from all Countries

No

Yes

Yes

Free Instant integration into Website / Platform

No

Yes

Yes

Instant Acceptance of Payments by Merchants

No

Yes

Yes

Free Multicurrency Wallets for Merchants (41)

No

Yes

Yes

Instant Email and Text Notification of Payments

No

Yes

Yes

Instant Detailed Payment Transaction History

No

Yes

Yes

Pure Peer 2 Peer Transactions (PP2P)

No

Yes

Yes

Impossible to Carry Out Fraudulent Transactions

No

Yes

Yes

Impossible for Merchants to Incur Chargebacks

No

Yes

Yes

Impossible for Cloned / Stolen Card Transactions

No

Yes

Yes

Instant No-Retention Settlement to Merchants

No

Yes

Yes

Payment Process without Intermediaries

No

Yes

Yes

Payment Process without Intermediary Fees

No

Yes

Yes

Functions Alone Without Any Other Entities

No

Yes

Yes

Functions in all Countries and Territories

No

Yes

Yes

Self-Contained Unitary Global System

No

Yes

Yes

Uniform Global Security and Standards

No

Yes

Yes

Total Access from Any Smart Phone

No

Yes

Yes

Total Access from Any Pre-Smart Mobile Phone

No

Yes

Yes

Clients can Pay in Multiple Currencies Globally

No

Yes

Yes

Clients Control Own FX Conversions

No

Yes

Yes

Merchants can Accept Multicurrency Payments

No

Yes

Yes

Merchants Control Own FX Conversions

No

Yes

Yes

Merchant and Payer can Split Payment Fees

No

Yes

Yes

Totally Free to Make and Receive Payments

No

0.25% to 1%

Yes

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

Video on the Capacities of the WM System:
https://youtu.be/XYBrCikUhn8

Video on WM’s Regulatory Compliance:
https://youtu.be/u522lVsGIJI

Research Reports on the Capacities of the WM System:
https://tinyurl.com/TUVresearch

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)


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