What types of cards can be accepted?
Any card bearing any of the logos associated with Visa, MasterCard, American Express and Discover.
How can my business accept credit or debit cards?
With a Belize Bank Point-of-Sale terminal, you can accept all four card brands on one machine. The Belize Bank Ltd is the exclusive acquirer for American Express cards in Belize. Our advanced technology provides you with an automatic back-up satellite system to ensure that your credit card transactions are processed. Our professional customer service staff will provide personalized services to meet your needs. The application process is fast and easy! To facilitate your business, The Belize Bank Ltd provides two types of merchant accounts
- Brick and Mortar Merchant Account
- Internet 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.
- Provide next day statements in print or online at www.belizebank.com
- Merchant support and 24 hour authorization service
- Program your equipment and provide training on the use of the equipment.
- Collect, clear and Settle merchant deposits.
- Payments for transactions available 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.