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Millions of times a day Visa, MasterCard and American Express cardholders use their card to purchase goods and services all over the world - and some of these transactions take place in Belize . Take advantage of this situation, and increase your sales by signing up with the Belize Bank to accept Credit or Debit Cards.
What types of cards can be accepted?
Any card bearing any of the logos associated with Visa, MasterCard and American Express.
How can my business accept credit or debit cards?
Contact the Belize Bank nearest you or contact our Card Services Center for more information. Our professional staff will explain in details your requirements and provide you with the necessary documentations to open your Merchant Account.
Who can use this Service?
This service is available to all types of businesses including hotels, restaurants, car rental companies, tour operators, supermarkets, gas stations and small traders, to name a few.
What services are affiliated with the Merchant Account?
Belize Bank will do the following:
- Set up and support your merchant account.
- Provide training to your staff on the card acceptance procedures upon setting up the account. We are proud to say that we are the only bank in Belize that provides yearly training to their merchants to review and update your staff with the rules and regulations of the Card Associations.
- Have available statements, reports and information related to your merchant account.
- Provide authorizations.
- Program your equipment and provide training on the use of the equipment.
- Collect, Clear and Settle merchant deposits.
- Payments deposited to your account the next business day.
- Assist in the reconciliation of Settlement Accounts.
- Provide stationery and advertising materials such as signage at no cost.
How will my business benefit?
By accepting credit cards you can:
- Increase Employee safety/Store Security by maintaining lower cash volumes in house.
- Increase Customer loyalty and boost your profits as a customer will buy at your store because you accept cards as a means of payment.
- Offer a competitive advantage by improving services to customers.
- Increase sales by making impulse purchases easier.
- Generate higher per ticket transactions.
- Open up new ways for customers to shop. As a Merchant you gain more customers, and most importantly, customers spend more.
- Reduces the risk and problem of bounced checks.
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