All payment systems which are currently used in the internet are based on the four basic payment methods: cash, money transfer, debit, credit card. Do you offer only electronic payments which are based on cash, debit and credit cards? Fill the gap of your offered electronic payments for the online purchase: The online money transfer adds on your online banking system and provides a known environment for your customers.

Advantages

In contrast to classical payments via invoice followed by a money transfer without any interaction with a merchant, it is possible to issue a confirmation to the merchant during the purchase using an online money transfer. In addition to this, your merchants can get additional information on the customer (proof of identity, credit rating, etc.) which you can charge them.

The online money transfer for your product portfolio?

From the banks' point of view an online money transfer within an online purchase is a payment which is initiated by the private customer bank and also offers advantages to corporate banks. Just examine with us, whether the online money transfer fits to your specific business requirements and customers' and/or merchants' needs or not, before you start with a possible technical implementation.