What is GlobePay? GlobePay Review

Founder Introduction

CEO Li Jizhong founded PayPal and served as sales director of Baidu and Gaopeng.com; COO Wu Xiaojie worked for Ingram Micro, Gaopeng.com, etc.

introduce

GlobePay's payment business has been launched in the markets of the United Kingdom, the United States and Japan. It has obtained financial licenses from the United Kingdom FCA, the United States MSB and the Hong Kong MSO. It has also submitted an application for a European license and has entered more than 18,000 merchants in the countries where it has been launched.

Advantages

GlobePay's advantage lies in its speed of localization. Every time it enters a country, GlobePay will cooperate with influential local financial institutions and establish joint ventures with local companies. Therefore, it has advantages in communication with local governments and speed of implementation.

Cooperation Model

In terms of cooperation model, in addition to its own offline BD team, GlobePay mainly expands its business through service providers, and currently has thousands of service providers in the United States, Japan and the United Kingdom. GlobePay provides merchants with online and offline payment channels, including multiple payment methods such as QR code, smart phone, API interface, H5, Visa, Master, etc., and is integrated with business districts, travel, life payment, inclusive finance and other services.

Profit Model

GlobePay makes profits through transaction fees, advertising and marketing, customized solutions for large customers, and comprehensive wallet solutions. Li Zhongji said that the average transaction amount of GlobePay is currently between 500 and 1,000 yuan, and the business volume is growing at a rate of 150% per month.

Workflow

1. Create an account

Create a GlobePay wallet in just minutes and keep all your payment details in one place.

2. Payment

Stay in control with simple, secure and fast payment options including stored cards and your account balance.

3. Withdrawal

Instantly withdraw funds from GlobePay to your bank account. You can link up to 5 bank accounts.

4. Multiple currencies

Maintain your balances in four major currencies like USD, EUR, GBP and INR.