First Global Pay is a global payment or payroll system that is easy to use and very cost effective to run, with a twist, it pays you back!
You pay them, and then we pay you, how?
Well you can pay anyone that you have provided a sub-account to, which is a very cost effective method of payment, but when any of your sub-account holders use the account (thus generating account fees) a 5% commission is automatically credited to your Master Account on a weekly basis.
Main Features
- Pay employees, consultants or affiliates in 2 currencies: USD or EURO
- Pay instantly in real time
- Secure e-banking system (256 bit security, military grade encryption)
- Minimum Balance on all accounts: 0.00
- One Master CPS Account in your company name (operating in 2 different currencies: Euro & USD), 10-10,000 CPS sub-accounts with no setup fees (normally $150 each)
- Fast Accounts setup
- Load your Master CPS Account via Bank Wire or set up your Merchant Account payments to go straight to your Master CPS Account.
- Program Setup cost: 250 USD (to cover admin setup)
- No maintenance, operating or renewal fees
- Cost Effective-Transfers to CPS sub-accounts-flat fee of:
$10 per transaction up to $10,000 or equivalent in other currency
Main Benefits
- Fast and secure payment processing
- Reduce costs of paying employees, affiliates, agents, consultants and contractors. Cost effective system.
- Pay them instantly, unlike cheques, or bank wires, funds are credited to their account immediately.
- Pay them in three currencies without the need for currency conversion costs.
- Each CPS sub-account holder can apply for an additional debit card to withdraw cash from their account.
- Earn an additional 5% commission on all ebanking fees of all CPS sub accounts
- Easy to setup and manage
CPS-Structure
Your Merchant Account payments (or Bank Wire) to:
- CPS Master Account-
Instant & Cost Effective payments to sub accounts in two currencies:
EURO & USD
CPS Sub Accounts
Set up sub accounts under Master Account coded to generate you commissions on ebanking fees on all accounts paid automatically into your main account on a weekly basis.
How it works
To instantly pay your employees, affiliates or consultants from multiple countries or jurisdictions all you have to do is sign up for the FGT-Corporate Payment System
1) As soon as you have paid the setup cost and signed the operating agreement we will provide the link for your CPS main account setup
2) You will now be emailed with account login details (which will need to be changed the first time you login, for security) and a one time security key which will be shown within the secure ebanking system. You will need this to validate online transactions.
3) Upon completion of the CPS main account online registration you will be provided with registration details to give to all your employees, affiliates or consultants that you wish to pay.
4) These sub-accounts are coded so that you will be credited 5% of all e-banking fees that are generated within the sub-accounts
5) If you have a merchant account, you can use your main account to send your merchant account payments in two currencies EURO and USD or you can wire transfer a total amount that you wish to payout to your employees.
6) Your sub-account holders can take cash out of their account via bank wire or with the addition of a debit card, can take cash out of their account (once loaded) via an ATM machine.
6 Steps to Easily Setup your FGT Corporate Payment System
1) First Click the link below to purchase your CPS System
2) Within 12 hours you will receive your secure online CPS Main Account registration form, fill this out and your account will be activated by our staff within a 12 hour period and the CPS account manual will be sent to you.
3) Copies of ID and company documentation (no bank references or credit checks required) will be required, to be sent to our Head Office for completion of our compliance procedures.
4) We now activate your secure link for your sub-account holders to easily setup their accounts. Once you have funded your main account, you can instantly pay your sub-account holders.
5) Easily pay any of your account holders now with a few clicks in an instant. |
