OUR BUSINESS

COMPANY INFORMATION

Global Standard Processing provides integrated transaction processing services for all major credit cards and debit cards. Our service help businesses sell to local and foreign customers, with increased revenues and reduced costs on the underlying transaction. Specifically, this means that the cardholder is able to view the price of the transaction, and actually pay for the transaction, in the cardholder's own currency – in real time – while the merchant still conducts business in its local currency.

Global Standard Processing enables banks and merchants to accept and process credit card transactions in multiple currencies, thereby providing localized pricing to foreign customers. Our solutions include multi-currency processing and dynamic currency conversion (DCC). Multi-currency processing allows merchants to target foreign customers with localized pricing specific to each market. Dynamic currency conversion is a service in which a credit card transaction is converted in real time from the currency in which the merchant offers its goods into the currency in which the customers' credit card is billed, thereby creating a revenue opportunity based on a margin on the currency conversion.