Payment & Remittance
Softwrap is a complete end-to-end solution that seamlessly integrates industry leading software security with a variety of powerful payment providers. This ensures that the correct compensation is received by all parties as quickly and effectively as possible.
Softwrap have integrated a variety of payment systems to facilitate the clearing of funds. Strict and efficient fraud control systems are in place to minimize charge-back occurences and greatly reduce the risk of credit card fraud.
VISA / MasterCard / American Express / Solo / Switch via Datacash Plc
VISA / MasterCard / American Express / Solo / Switch via CyberSource
PayPal via eBay Inc
Click & Buy Germany via Firstgate Internet AG
BT Click & Buy via BT Group plc
T-Pay via T-Systems
Below is a list of some of Softwrap's integrated payment providers:
Certain payment methods are preferred in specific countries where credit cards are not frequently used. By offering multiple payment options, end-users have a choice when buying secured titles which leads to increases in the number of successful and completed transactions.
Softwrap will not only pay the author/publisher their share of the sale but will also calculate and make revenue share payments to the relevant distribution partners. Value Added Tax (VAT) can also be calculated automatically upon each purchase, collected and passed onto the author/publisher. These amounts are clearly stated in all reporting and statements to make it simple to be passed onto any tax offices if required.
All payments are made on a monthly basis so long as the minimum sales target is reached. These payments can be processed by Bank Wire Transfer, Check or ACH Bank Transfer for US clients.