The buyer can select the product or service and make a payment like any other online checkout option (available payment methods depend on the buyer’s country and the amount of money to be transferred)
Once the payment is complete, the funds are received and secured in a bank account under the jurisdiction of MAS (Monetary Authority of Singapore)
Once the product is shipped or the services rendered, the seller (or your platform) can provide a proof of order fulfillment to Tazapay for verification
As soon as Tazapay verifies the documents, the payment is released to the seller
Features
Add an international payment method to your checkout page to enable payments from buyers from over 90+ countries
Low cost secured payments for buyers and sellers at best in class FX rates
Easily monetize your platform by enabling a platform fee: we handle the collection and settlement on your behalf!
Wide variety of payment methods accepted: Mastercard, VISA, Local Bank Transfers, and other local payment
Especially relevant for B2B as large value transactions upto $1M are supported at a low cost and with escrow protection. Fully compliant with local and international regulations, all relevant trade documents are provided.
Get Started with Tazapay Payments Plugin
Request your API Key and Secret by signing up here:
Sandbox: https://sandbox.tazapay.com/signup
Production: https://app.tazapay.com/signup
Install WooCommerce and activate your plugin
Download the Tazapay payment module from: https://wordpress.org/plugins/wc-tp-payment-gateway/
Go to the ‘Admin Panel’ and upload the zipped file you downloaded in the ‘Plugins’ option and activate
Go to the default WooCommerce settings menu and click on the ‘Payments’ tab
Enable Tazapay Payments Plugin
Add your ‘API Key’ and ‘Secret’ (obtained from Tazapay after completign Step 1) in the Tazapay Payments Plugin management in the default WooCommerce payment tab (NOTE: You can add ‘sandbox’ keys for test transactions and ‘production’ keys for real transactions)
Please input the email ID which you used to signup with Tazapay
Please ensure that “TazaPay Users” is checked (child of WooCommerce menu)