GTPay Solution is an Internet-based payment gateway solution which will facilitate online payments on your website using any brand of MasterCard and Visa Card issued locally or by any foreign bank with the following benefits:
❑ Provides a convenient alternative payment channel to all local & international cardholders through your website within 24 hours.
❑ “Pay-Anywhere”: Online Payments - both GTBank customers and Non-customers.
❑ It processes International cards with the MasterCard and VISA Internet gateway solutions.
❑ Transaction amount is deducted from card instantly and your account credited.
❑ Provides a secure, efficient and cost-effective means of making and collecting payments.
❑ Convenient and highly secure payment channel.
❑ Provides a robust reporting and transaction monitoring interface.
❑ Online receipt is generated which can be printed, saved or sent via e-mail.
❑ Secured Online Dashboard for your Institution.
❑ Real-time update of transactions.
❑ Systems Setup & Customized Reports Generation.
How to acquire GTBankPay Solution:
• A prospective Merchant must maintain a Current account with GTBank.
• The Merchant will be required to sign a GTPay Solution Contract
• Following receipt and approval of the signed Contract, GTPay Solution will be deployed to the Merchant’s website within a week
Cost and Charges
• Set up fee (One time) - D20,000
• Monthly Maintenance - $20
• Transaction fee - 2.5% plus VAT to Merchant