Through Connect you can chose to process payments at different service levels. The most attractive and comprehensive service level is "full service".
This includes the contractual and technical connections to local payment processors worldwide, as well as:
- Processing of payments
- Collection of merchant payments funds from the associated financial partners such as banks, acquirers, etc. to one or more accounts you have with us
- Collection and merging of financial partner reports into a single set of reports per platform you make use of, that allows direct reconciliation of all funds received from Worldline in the reporting period
- Settlement of these collected funds to your bank account(s)
- Conversion of payment currency to settlement currency where required and agreed between you and us