TCB Pay

What is TCB Pay

TCB Pay is a global payment solutions provider that offers services for various types of businesses, including e-commerce stores, retail shops, and mobile businesses. The company provides a comprehensive suite of tools designed to handle payment processing, corporate card issuing, and custom IT solutions. The core purpose of TCB Pay is to deliver a simple, efficient, and secure way for merchants to accept payments in multiple currencies and manage their finances. Their platform consolidates multiple merchant IDs (MIDs) into a single account, making it easier for businesses to operate globally. TCB Pay emphasizes transparency in its business model, with no hidden fees or long-term commitments.

TCB Pay Features

TCB Pay offers a range of features designed to support different business needs. Here are the main ones:

• TCB Pay Portal: This is a centralized, web-based platform where businesses can manage all their payment processing activities. It allows users to accept payments, view transaction history, and manage funds from any device.
• Multi-Currency Support: The platform is built to handle transactions in various currencies, which is essential for businesses with international customers.
• TCB Pay App: A mobile application that works as an extension of the portal. It allows business owners to manage payments and monitor their business operations from a smartphone or tablet.
• TCB Pay Issuing: This service provides corporate card programs. Businesses can get physical or virtual credit cards with both prepaid and postpaid options, along with flexible spending limits.
• White-Label Solutions: TCB Pay offers its payment technology as a white-label product. This allows partners and agents to brand the payment tools as their own and offer them to their clients.
• High Security: The platform uses industry-standard security measures to protect against card data theft and fraud, ensuring that both merchant and customer data are safe.
• Dedicated Support: TCB Pay provides 24/7 customer support to assist merchants with any issues or questions they may have.
• Tailored IT Solutions: Beyond payments, the company offers custom IT services, including software development, IT consulting, and cybersecurity services to help businesses improve their technology infrastructure.

TCB Pay Pricing Plans

TCB Pay does not list specific pricing tiers on its website. Instead, it focuses on a transparent pricing model with no setup fees, no hidden fees, and no long-term contracts. Pricing is typically customized based on the specific needs of a business. Factors that influence the cost include transaction volume, business industry, the level of risk, and the specific services required (e.g., payment processing, corporate cards, IT solutions). Businesses interested in using TCB Pay need to contact their sales team to get a custom quote tailored to their requirements.

TCB Pay Free Plan

TCB Pay does not offer a free plan for its payment processing services, as transaction fees are standard in the industry. However, the company emphasizes its transparent approach with no setup fees or monthly commitments, which means businesses only pay for the transactions they process. There is no mention of a free trial, but potential clients can request a demo or consultation to understand the platform's capabilities before signing up.

How to use TCB Pay

Getting started with TCB Pay involves a few key steps:

1. Contact Sales: The first step is to reach out to the TCB Pay team through their website to discuss your business needs.
2. Receive a Custom Quote: Based on your business type, sales volume, and required features, TCB Pay will provide a tailored proposal and pricing structure.
3. Complete the Application: If you agree to the terms, you will need to complete an application and undergo an underwriting process. This is a standard procedure for all payment processors to assess risk.
4. Integrate the Platform: Once approved, you can integrate TCB Pay with your systems. For an e-commerce store, this may involve using a plugin or their API to connect to your website. For retail, it involves setting up a terminal or using the TCB Pay App.
5. Start Accepting Payments: After integration, you can begin processing payments through the TCB Pay Portal or app. You can manage transactions, view reports, and handle your funds from the central dashboard.

Pros and Cons of TCB Pay

Pros:

• All-in-One Solution: Combines payment processing, corporate cards, and IT services in one place.
• Global Reach: Supports multiple currencies, making it suitable for international businesses.
• Transparent Pricing Model: No hidden fees, setup fees, or long-term contracts.
• 24/7 Customer Support: Constant access to support is a significant benefit for merchants.
• White-Label Option: Allows partners to rebrand the technology, offering more flexibility.
• High Security: Focuses on industry-leading security to protect sensitive data.

Cons:

• No Public Pricing: The need to contact sales for a quote can be a barrier for small businesses looking for quick price comparisons.
• Complex for Beginners: The wide range of services might be overwhelming for very small businesses or sole proprietors who only need basic payment processing.
• ISO/PSP Model: As a registered ISO/PSP of several banks, they operate as an intermediary, which can sometimes add a layer of complexity compared to direct processors.

TCB Pay integrations

TCB Pay states that its platform offers seamless integration capabilities with various third-party systems and applications. While a specific, public list of integrations is not provided, payment gateways like TCB Pay typically integrate with:

• E-commerce Platforms: Such as Shopify, WooCommerce, BigCommerce, and Magento.
• Shopping Cart Software: To enable smooth checkout experiences on websites.
• Accounting Software: Like QuickBooks or Xero, to automate financial reconciliation.
• CRM Systems: To connect payment data with customer relationship management.

To get a complete list of supported integrations or to discuss a custom integration, businesses should contact the TCB Pay support or development team.

TCB Pay Alternatives

Here are some popular alternatives to TCB Pay:

• Stripe: A leading payment processor known for its powerful and developer-friendly APIs. It is a great choice for online businesses and SaaS companies that need custom payment flows.
• PayPal: One of the most recognized payment platforms globally. It is very easy for customers to use and offers good buyer and seller protection, but its fees can be higher than other options.
• Square: An excellent choice for businesses with both online and physical retail operations. Square is known for its simple, flat-rate pricing and its robust point-of-sale (POS) hardware and software.
• Adyen: A global payment company that provides a single platform for accepting payments anywhere in the world. It is targeted more towards large, enterprise-level businesses with complex, international payment needs.

TCB Pay API

Yes, TCB Pay offers an API for developers. The ability to provide tailored IT solutions and seamless integrations means they have a robust API for custom development. Businesses can use the API to integrate TCB Pay's payment processing capabilities directly into their websites, mobile apps, or internal business systems.

To get access to the API key and developer documentation, you typically need to be an approved merchant. Once your account is set up, you will be given credentials to access the developer portal.

Here is a generic example of what an API call to create a payment might look like using cURL:

curl https://api.tcbpay.com/v1/charges \
   -u YOUR_API_KEY: \
   -d amount=2000 \
   -d currency="usd" \
   -d source="tok_mastercard" \
   -d description="Charge for new order"

Note: This is a representative example. You must consult the official TCB Pay API documentation for the correct endpoints and parameters.

TCB Pay Affiliate program

TCB Pay does not publicly advertise a traditional affiliate program. However, the company has a strong focus on partnerships, as shown by its White-Label and agent solutions. This suggests they have a robust Partner Program for resellers, agents, and independent sales organizations (ISOs).

This type of program usually involves earning commissions or revenue shares from the merchants you refer to the platform. To join, you would likely need to contact their business development or partnership team directly through their website. They can provide details on commission structures, requirements, and the application process.