GlobalPay is the latest initiative of Smart2Pay to facilitate merchants the possibility to perform pay outs 24/7 to consumers or businesses by means of bank drafts and bank transfer . GlobalPay offers consumers the option to receive their funds from merchants by bank transfer or check optionally at no charge or for the cost of the local bank fees.

GlobalPay can be adapted to support almost any merchant scenario that has to pay consumers or merchants; whether it is a money transfer business, hospitality or an e-commerce business, where the merchants need to transfer funds to a consumer or business. GlobalPay is a fully automated webservice that offers full reconciliation.