Multibank was founded as an innovative enterprise, with the promise of being a dynamic and visionary alternative to satisfy the banking needs of Panamanian businesses.
We ventured into business transactions with VISA and MasterCard, through POS (both physically and virtually).
We became the first Bank in Panama that offers the “Verified by Visa and Secure Code” service for merchant’s affiliation.
Why Multibank?
- Over 38 years of financial experience
- One of the most important Bank in Panama
- Costumer service oriented policy
- User friendly on-line banking services.
Benefits of a Merchant Account with Multibank
- User friendly on-line banking – ACH, wire transfers, credit card payments, etc.
- Complete and clear reports of account, indicating sales, credit and chargeback transactions.
- In 2007, we incorporated “Verified by Visa” and “MasterCard Secure Code”.
- Members of VISA International and MasterCard.
Advantages of E-Commerce in Panama
- Flexible regulation for the business in Panama (Law 43, 2001).
- Avant-garde Panamanian Banking System
- U.S. Dollar currency and the current low – tax business environment
- Government incentives not found in traditional locations of information technology companies.
Our Customers
- Law Services
- Online Pharmacies
- Electronics
- Stock Photography
- Financial Services
- Retail
E-Commerce and Consumer Banking
Our sound over 38 year experience in Panama’s consumption market allows us to offer highly attractive and efficient alternatives that afford costumers personal growth opportunities for responding to their financial needs.
We have begun to actively participate in national and international Fairs to disseminate the alternatives and competitive advantages of personal credit, along with specialized attention and value added to satisfy our costumer´s needs.
Our goal for 2007 is to achieve a total 25% growth of the Consumption Portfolio and to continue to expand the Branches network and the creation of new assistance centers in new areas of the country.
Our Current Business
- More than 20 MM per month on average sales during 2007
- Over 30,000 monthly transactions during 2007
- Around 40 clients processing currently
- More than 60 sites affiliated
The Best Online Banking
- Review of your account balances from any part of the world through Internet
- Request of International wire transfers
- Request of Local Wire Transfers
- Payment and balance of Credit Card
Multibank Main Branch
Via España , No 127 Prosperidad Building
P.O. Box 0823-05627
Panama, Rep. of Panama
Contact us: David Plata,
Ricardo Mora, Merchant Affiliation
Officer Phone: (507) 294-3500 ext. 1513
Fax: (507) 264-4014 |
