Global24 is an international payment system with a network of terminals
Global24 (or GlobalMoney or G-24) is the first financial company in Ukraine to receive an official licence to make payments without creating an account. Global24 started operating in 2009, covering more than seven business areas, from Internet acquisition to cash withdrawal via POS terminals.
Legal information
GlobalMoney payment system (G-24) is managed by the legal entity GlobalMoney LLC, operating in accordance with the requirements of the legislation of Ukraine, in particular:
- Law "On Financial Services and State Regulation of Securities Markets".
- Law "On Payment Systems and Transfer of Funds in Ukraine".
"GlobalMoney" is registered as a non-banking financial institution (registration number 13102417. registration certificate No. 239). The headquarters is at 28 B Druzhby Narodiv Boulevard, Kyiv, 01103.
Functionality
Wallet application: https://g-24.pro/
Corporate website: https://globalmoney.ua/
CODO transfers
The CODO system is a money transfer service developed and launched directly by GlobalMoney. It is located on a separate website: https://codo.cash/. Individuals and legal entities actively use it. It works as follows:
- When a sender creates a transaction, a unique code is assigned.
- The sender passes the code to the recipient.
- The recipient requests funds until the system freezes them.
- Money can be received in different ways — in cash, on a card, and at any point territorially. The money is already ready for disbursement when the code is given to the recipient.
CODO allows you to transfer funds with relatively low commissions — from 1% + a fixed fee of UAH 5.
Automation of payment acceptance
With the help of GlobalMoney, trading companies and financial organizations can accept cash and non-cash payments. Software products with API are provided and responsible for the work of POS terminals and cash equipment.
All software is regularly updated, including legislative changes.
Internet acquiring
GlobalMoney provides merchants with a free connection to an acquiring solution. There is no subscription fee for use; the payment is a 2% commission on each price.
The main advantages of the GlobalMoney solution are:
- high fault tolerance and passability of payments;
- fast technical support;
- convenient reporting for accountants;
- fast integration.
The solution allows the organized, effective interaction between all parties involved in payment for goods or services: buyer, merchant, bank, acquirer, and card issuer. GlobalMoney plays the role of a payment provider and payment gateway.
Global24 e-wallet
Global24 mobile application for Android and iOS allows you to top up and pay for various goods and services in hryvnias. In particular, through this system, you can pay for:
- mobile phone;
- internet;
- purchases in games;
- paid Internet services;
- television.
As well as transfer assets to other individuals. You only need to provide your mobile number or email address to use the wallet. Then — go to the catalogue and choose the desired service from more than 200 offered.
Most payments are made without commission; the system cooperates with almost all banks in Ukraine. The money in users' wallets is protected and fully secured with funds in bank accounts.
Working with cryptocurrency
Wallet G-24 also supports working with cryptocurrency (for example, buying). The following popular crypto assets are supported:
Additionally, you can work with electronic money, including payment systems Payeer, Perfect Money, and donate online.
Conclusion
GlobalMoney is a popular payment system among residents of Ukraine due to such factors as low commissions, the ability to pay for many services on the Internet, and replenishment with a bank card.
The quality of the project's security system and cooperation with the best banks in the country play essential roles in increasing trust. The service operates in accordance with official licences and has proven itself for more than 14 years of operation.