Merchant services

Convenient direct payouts for merchants in Genome

How Genome’s direct payouts work

The money your customers pay for goods and services is primarily transferred to the settlement account. There, money will be settled for a settlement period with some amount reserved and used for a rolling reserve. When the period ends, the direct payout will be transferred to your dedicated business IBAN account automatically and ready for your daily needs.

Merchant services

Merchants choose Genome account because of:

Easy API integration

Benefit from online onboarding and 2 options (H2H and HPP) for API integration on your website. Customizable checkout pages and flexible settings — all available in Genome.

Payment accepting options

Safely accept payments from traditional credit cards (Visa, Mastercard, Diners Club) and from over 20 local alternative payment methods in more than 20 accepted currencies.

Ecommerce integrations

Easy integration from Genome and full support if you use Shopify, PrestaShop, OpenCart, OXID, WooCommerce, Magento, and Drupal, etc.

Easy direct Payouts

Transfer your income from your settlement account directly to your dedicated business IBAN in Genome with no third party institutions involved.

Merchant dashboard

Track your site’s transactions, approve ratios, chargebacks, analyze your customers, create and test product types, discounts from one dashboard.

Anti-fraud features

Genome works with Covery anti-fraud platform that provides our clients with risk management and anti-fraud tools. We are also PCI DSS and PSD2 compliant.

Merchant services

Track your settlement account and direct payouts

The settlement periods for merchants differ and depend on many factors. Contact us to discuss and set a settlement period that lasts from 1 to 7 days. You can oversee your settlement account from the merchant portal in real-time, with displayed payout date and payout amount counted for you to plan your other business transactions.

Start a merchant account to accept payments

We offer merchant accounts with seamless payment processing, hosted payment pages and other merchant services. After opening a business account within Genome, simply apply for a merchant account completely online, no need to visit banks as Genome is a licensed Electronic Money Institution.