Benefits

More choice for your customers – your international customers can use your AIBMS terminal or Authipay facility to pay in their billing currency, and you won’t have to worry about foreign exchange rates or handling multiple currencies.

Accept a wide range of currencies – your Terminal or Authipay facility has been configured to handle all major currencies, including Euro, Sterling, US Dollar, Australian Dollar, Hong Kong Dollar, Danish Kroner, Swedish Kroner, South African Rand, Canadian Dollar, New Zealand Dollar, Swiss Franc, Norwegian Kroner and Japanese Yen.

Earn GlobalChoice™ Rebate – AIBMS will credit you a quarterly rebate on your AIBMS statement, subject to the terms and conditions in your Merchant Processing Agreement.

How does GlobalChoice™ operate?

GlobalChoice™ is designed to work without any operational changes to your merchant account, in four simple steps.

1. Identification: Your AIBMS Terminal or Authipay facility will automatically identify international credit and debit cards during the authorisation stage.
2. GlobalChoice™ Offer: If AIBMS identify an international card, your customer may be offered the choice to pay in their home currency. To assist them in their choice, your customer will be able to view the foreign exchange rate, foreign exchange margin and compare both amounts on the terminal screen.
3. Settlement: Regardless of the choice your customer makes, AIBMS will always settle the transaction in your terminal currency, for the full sale amount.
4. Rebate: At the end of each month, AIBMS will calculate a rebate payable as a credit to your merchant services statement in respect of GlobalChoice™ transactions processed on your terminal. (These credits will be made quarterly in arrears).