This is a service that allows acquiring banks with global merchants to accept, settle and be funded for transactions in multiple currencies. A global merchant's overseas outlets can be processed through a single global banking relationship and funding of these outlets can be effected in the merchant's preferred currency.
Monex can process all of the merchant's transactions, providing consolidated reporting and MIS to the acquirer and their global merchant customers. Monex enables the acquiring bank to process transactions through the card schemes in multiple currencies and fund the merchant in those currencies, or in the merchants preferred currency.
Leveraging the scale and scope of existing Monex structures and operations worldwide, Monex provides a full end-to-end service processing solution, which meets the needs and aspirations of the acquiring community in whatever market they operate.
Monex offers both technical and operational support services across all areas of the transaction life cycle.
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