API Reference
Changelog
Payment Method Type
Wallet
Relevant Payer Geography
Google Pay
Transaction Currencies
Local currency
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
Yes
Payment Completion
Immediate
Payment Method Type
Wallet
Relevant Payer Geography
Google Pay
Transaction Currencies
Local currency
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
Yes
Payment Completion
Immediate
Google Pay allows customers to make payments in your app or website using any credit or debit card saved to their Google Account, including those from Google Play, YouTube, Chrome, or an Android device.
To make a payment online, customers select Google Pay as the payment method and select which payment credential they would like to use. These include credit and debit cards the customer may have used on any Google property
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Wallet
Relevant Payer Geography
Apple Pay
Transaction Currencies
Local currency
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Apple Pay is a wallet that allows customers to pay using payment details stored on their iPhone, iPad, or Apple Watch.
1.Stay on the cutting edge of payments both online and in-store. Now more than ever, shoppers want a fast, simple, and secure checkout experience. That’s why by enabling Apple Pay, you can delight your customers in- stores, in-apps, and on the web and help boost sales.
2.Two-factor authentication makes transactions more secure and often results in fewer disputes compared to other payment methods.
To make a payment online, customers select Apple Pay as the payment method and authorize the transaction via Face ID, Touch ID, or a passcode.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Cash
Relevant Payer Geography
Transaction Currencies
BRL
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Boleto (meaning 'ticket') Bancário is an official Brazilian payment method, which is regulated by the Central Bank of Brazil. It is a push payment system which was launched in 1993 and today generates 3.7 billion transactions per year. In Brazil, where two-thirds of its 200 million population do not have a credit card, Boleto Bancário is highly popular, generating over 50 million transactions a month. Local and regional merchants often offer discounts for Boleto Bancário payments as there is no chargeback risk, and payments are made upfront.
1.Accounting for around 25% of all online payment transactions, offering Boleto Bancário is a must for doing business in Brazil.
2.There are literally thousands of payment points where a Boleto can be paid in Brazil: ATMs, branches and internet banking of any bank, post office, lottery agent, convenience store or supermarket.
3.When it comes to online purchases, Boleto Bancário is especially popular for high-ticket items because many consumers still do not feel secure in providing their payment details online.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Germany
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
With giropay, consumers are using their bank's secure online banking: their bank account information and transaction details remain fully protected and secure. When consumers check out, they can use giropay directly without any additional registration. According to giropay, the payment method supports nearly all banks in Germany, and there are over 45 million online banking customers who use it (54% overall population).
1.With giropay, consumers can checkout online using their usual online banking with PIN and TAN. No extra login or registration required.
2.Merchants will receive a payment guarantee straight after successful giropay transactions（up to EUR 10,000）, enabling immediate processing and fulfilment.
3.With giropay and eps interoperability, and no additional technical effort, German merchants can also receive eps payments from Austrian customers.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Global
Transaction Currencies
CHF, EUR, GBP, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Sofort GmbH has been part of the Klarna Group since 2014. In August 2017, Klarna made major changes to their design and visually integrated the Sofortüberweisung payment method into the Klarna product range. With Sofort, security-conscious consumers use their own online banking details, entered through the secure payment page of Sofort. Once logged in, a one-time conrmation code is used by the consumer to authorise payment.
1.Highly secure: Consumers use their own online banking data and do not have to submit any personal information or card details to the merchant; they enter their online banking data on the secure payment page of Sofort GmbH, to which merchants have no access.
2.Deep loyalty: Klarna reports that retailers typically see a 68% increase in average order value, and 44% of their customers would have abandoned carts if the payment method was not available.
3.Trusted payment type: German card usage remains low at 11% due to security concerns, leading to the popularity of bank transfer payment options, accounting for 52% of all transactions (PPRO Almanac).
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer / HPP Redirect
Relevant Payer Geography
Netherlands
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
iDEAL, launched in 2005, provides a payment guarantee to merchants while enabling consumers to pay online through their mobile banking app or online bank account. iDEAL is based on the SEPA credit transfer and is now the most successful and most used payment method in the Netherlands; in 2020, a 25% year on year increase led to 890 million transactions totalling EUR 70 billion (Dutch Payments Association). Supported banks include: ABN AMRO, ASN Bank, bunq, ING, Knab, Rabobank, RegioBank, Revolut, SNS, Svenska Handelsbanken, Triodos Bank, Van Lanschot.
1.iDEAL cite a 60% market share in the Netherlands, making it easy for merchants to reach millions of Dutch consumers
2.iDEAL is accepted by merchants in over 60 countries outside of the Netherlands and reports that 99 million payments were made via non-Dutch websites in 2019.
3.According to iDEAL, over 98% of Dutch online banking users can pay with iDEAL, which is ranked as one of the top 10 strongest brands in the Netherlands every year.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Poland
Transaction Currencies
EUR, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Founded in 2004, Przelewy24 is a Poland-based real-time online bank transfer payment method, often referred to as P24. Przelewy24 operates in partnership with all Polish banks.
1.Brand recognition: According to Przelewy24, 87% of users in Poland recognize their brand.
2.Popular payment type: Bank transfer methods are hugely popular in Poland, representing 47% of online payments (PPRO Almanac).
3.Strong security: Przelewy24 cites that 84% of survey respondents consider the payment service safe.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Czech Republic
Transaction Currencies
CZK, EUR
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Founded in 2009, TrustPay was one of the earliest licensed and regulated providers of secure e-commerce payments across the EEA area. A popular instant bank transfer method in the Czech Republic and Slovakia, TrustPay offers a range of banking services, including corporate bank accounts and prepaid cards. Simple to use with convenient, automatic enrollment, the consumer pays by selecting their bank and approving payment.
1.Strong payment type: In terms of market share, bank transfer payments are the second most popular method of payment in the Czech Republic (27%) and Slovakia (25%) (PPRO Almanac).
2.Trusted and secure: Consumers do not need to disclose any personal data to TrustPay; all they need is an account with a TrustPay supported bank.
3.Wide coverage: For both Czech Republic and Slovakia, over 80% of banks are supported by TrustPay (only private banks or small retail banks are not covered).
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Italy
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
No
Chargeback risk
No
Payment Completion
Immediate
Operated by PRETA S.A.S, MyBank is owned by EBA Clearing, a provider of pan-European payment infrastructure services controlled by 52 banks. MyBank enables consumers to pay directly from their online banking through an immediate bank transfer - with the highest security and transparency standards. MyBank is available on a wide range of sites for the purchase of products, services and for payments towards public administration entities. MyBank positions itself as a flexible solution for both B2B and B2C businesses: over 210 banks and PSPs have joined the MyBank network throughout Europe.
1.Anywhere and on any device: MyBank is a payment solution based on SEPA (Single Euro Payments Area), which can be used throughout Europe and from any device (pc, smartphone, tablet).
2.Fast and easy: all necessary payment information is available within the pre-filled bank transfer form. There is no need for consumers to type in lengthy bank numbers or further codes.
3.No amount limits: MyBank allows transactions of any amount as long as the necessary funds are available on consumer bank accounts.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Czech Republic Poland
Transaction Currencies
CZK, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
PayU is a Polish and Czech online bank transfer payment method. As one of the most popular payment method amongst Polish consumers, 1 in 2 consumers choose to check out with PayU. Trusted by the largest companies in Poland and the Czech Republic, PayU offers 100% security with the highest certificates for secure transaction processing.
1.With more than 300 banks in Poland and 10 banks in Czech Republic, PayU regularly conducts UX audits for conversion optimisation.
2.PayU provides access to Pay-by-Link, which is the preferred payment method in the Polish market.
3.By offering PayU, merchants can benefit from an increase in incremental sales, even up to 20%, and uplift the average order value by up to 10 times over other payment methods.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Austria
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
The main bank transfer payment method in Austria is eps, developed jointly by Austrian banks and the government, enabling consumers to pay securely for online purchases using their own trusted online bank. With 83% of Austrians shopping cross border and bank transfer the preferred payment method in Austria (PPRO Almanac), eps is a critical payment method in the DACH region. Every transaction is guaranteed by eps.
1.With approximately 15-18% market share, eps is one of Austria’s most popular payment methods (PPRO Almanac). It is also the official payment method for the Austrian e-government.
2.According to eps, the payment method has over 1,000 online merchants and over 80% of online merchants in Austria accept it (PPRO Almanac).
3.With eps and giropay interoperability, and no additional technical effort, Austrian merchants can also receive giropay payments from German customers.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Prepaid voucher / Prepaid code
Relevant Payer Geography
Global
Transaction Currencies
ARS, AUD, BRL, CAD, CHF, CZK, DKK, EGP, EUR, GBP, HRK, HUF, KWD, MXN, NZD, NOK, PEN, PLN, RON, SEK, TRY, USD, UYU , VAE
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
paysafecard is a prepaid, online payment method based on vouchers, which are independent of bank account, credit card, or other personal details. paysafecard operates a dense distribution network, with over 660,000 points of sale across 50 countries. Vouchers are available at top tier sales outlets, which vary by country, including: 7-Eleven, OXXO, Shell, Statoil and SPAR. With the search feature on the paysafecard site or the app, consumers can find the nearest sales outlet quickly and easily.
1.Use paysafecard to reach consumers without credit cards, bank accounts or other online payment methods, as well as those who do not wish to enter credit card and bank account info online.
2.Every consumer who pays with paysafecard is an additional customer that merchants would not be able to reach through other non-cash payment methods.
3.Merchants will be able to access new consumers and increase conversion rates with a risk-free payment method that has high brand recognition.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Local card / QR Code
Relevant Payer Geography
Belgium
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Founded in 1989, and now a brand from the Bancontact Payconiq Company, Bancontact makes it possible to pay directly through the online payment systems of all major Belgian banks for customers with Bancontact payment cards. Bancontact is the Belgian market leader in electronic payment services, with 20 Belgian banks issuing Bancontact cards. At checkout, the consumer enters their card details or scans the QR code, then authorises payment.
1.Bancontact continues to be the strongest payment brand in Belgium, and the preferred method of payment for Belgians in 2020 (iVox).
2.There is no chargeback risk, which is a unique feature for debit cards, protecting merchant revenue streams.
3.Bancontact cites a 10% year-over-year rise in payments, with 1.65 billion payments made in 2020 using the Bancontact card and the Payconiq by Bancontact app.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Wallet
Relevant Payer Geography
Korea
Transaction Currencies
KRW
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
KakaoPay is an e-wallet within Kakao Talk, South Korea's most downloaded app in the Apple and Google Play store. KakaoPay lets users safely make cashless payments for everyday usage, whether online or in-store. It also offers users the option to manage their investments, and cross border P2P mobile remittance in-app.
1.Ease of payment, ease of mind: Koreans top choice for easy payments (used by 93% of smart phone users) stable platform and most trusted.
2.No local entity required.
3.One integration: part of the Ant Financial OSP offering.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Thailand
Transaction Currencies
THB
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Bank transfer is a popular, trusted payment method in Thailand and supported banks feature in the top 5 banks: Bangkok Bank, Krungsri Bank, Krung Thai Bank and Siam Commercial Bank. Consumers pay for e-commerce purchases directly through an immediate bank transfer by logging into their online banking and authorising the payment with a one-time passcode.
1.Bank account penetration in Thailand is strong, currently standing at 82% and contributing to bank transfer payments maintaining 24% market share (PPRO Almanac).
2.Thailand has one of the highest internet penetrations in the Southeast Asian region, and online bank transfer is expected to become the dominant payment method by 2023 (J.P. Morgan).
3.Thailand cross-border e-commerce is valued at USD 1.9 billion, and 49% of Thai online consumers are cross-border shoppers, (PPRO Almanac).
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Japan
Transaction Currencies
JPY
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Pay-easy provides Japanese consumers with convenient, secure and risk-free options for e-commerce payments: online bank transfer and offline cash payments at ATMs and post offices. For online bank transfer payments, Pay-easy has the most comprehensive network of banks in Japan, including all major banks. Japanese consumers are often risk-averse and sensitive to data collection. Pay-easy bank transfer lets shoppers pay without providing personal details nor accruing credit-based debt.
1.Go-to-market for international merchants does not require a physical presence in Japan.
2.Merchants will offer a trusted brand at checkout: in addition to e-commerce purchases, Japanese consumers use it to pay taxes and other public service charges.
3.Pay-easy is the network of choice for all bank connections and transfers, with more than 300 banks in Japan.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Cash
Relevant Payer Geography
Japan
Transaction Currencies
JPY
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Konbini (convenience store) payments are popular for cash payments in Japan, enabling e-commerce transactions in a culture where cash is considered more trustworthy and secure than other payment methods. With Konbini payments, Japanese consumers can make purchases online and pay with cash at over 50,000 nearby convenience store locations including 7-Eleven, Lawson, FamilyMart, Ministop, and Seicomart.
1.As 4 out of 5 Japanese consumers prefer to pay with cash and convenience stores are a part of their daily lives, accepting Konbini payments is a must-have for running a successful e-commerce store in Japan.
2.Cash and Konbini payments represent 13% of transactions in Japan, according to JP Morgan. Konbini payments are also popular with teenagers that do not have bank accounts nor credit cards.
3.Go to market for international merchants does not require a physical presence in Japan (exception: 7-Eleven).
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto ancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Malaysia
Transaction Currencies
MYR
Recurring payments
Yes
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
FPX Online Banking enables merchants to accept payments from 18 Malaysian banks that offer internet banking. Merchants can display one of the following options on their checkout page: the 'Merchant Checkout', where they show all 18 bank logos, or the 'Bank Selector' page, where they display an alphabetical dropdown list of the same 18 banks. Consumers choose their bank and pay with an instant bank transfer via online banking. Banks include: Maybank, CIMB Bank, Public Bank, Bank Islam, Hong Leong Bank, RHB Bank, Ambank, Alliance Bank, Bank Kerjasama Rakyat Malaysia, Affin Bank, OCBC Bank, Standard Chartered Bank, United Overseas Bank (UOB), Bank Simpanan Nasional, Bank Muamalat, Hongkong and Shanghai Banking Corporation (HSBC), Kuwait Finance House, Agrobank.
1.Large consumer base: Bank transfers are the most popular method of payment in Malaysia (46%) where 85% of the population are banked (PPRO Almanac).
2.Market share: According to Bank Negara Malaysia, FPX is one of the most popular online payment methods in Malaysia, with nearly 90 million transactions in 2018.
3.Freedom of payment selection: Through one connection, merchants offer consumers access to 18 bank payment channels.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Singapore
Transaction Currencies
SGD
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Formed in 1985 and owned by Singapore’s top three banks (DBS, OCBC, UOB), NETS is a leading payments provider in Singapore, enabling digital payments for merchants, consumers and banks. NETS operates Singapore’s national debit scheme, allowing customers of participating banks to make payments from their debit accounts at more than 120,000 acceptance points in the country. Citibank, DBS Bank/POSB, OCBC, UOB and Standard Chartered customers can use eNETS to pay for e-commerce purchases directly through an immediate bank transfer via internet/mobile banking.
1.According to NETS, for over 30 years, it has been a household name to Singaporeans – a trusted, secure and convenient way of making cashless payments.
2.73% of Singaporeans are cross border shoppers, spending USD $2 billion with bank transfers, which account for 10% of e-commerce purchases (PPRO Almanac).
3.Unlike credit cards, all payments made via eNETS are credited directly to merchants’ bank accounts.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Wallet
Relevant Payer Geography
Indonesia
Transaction Currencies
IDR
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
OVO is an e-wallet in Indonesia, where almost 20% of consumers use e-wallets to pay for goods and services. OVO is hugely popular, present in 115 million devices, offering lucrative cashback rebates (as OVO points) to entice consumers to use OVO. According to data from Bank Indonesia, OVO was the country’s top e-wallet service based on transaction values: it accounted for 37% of total digital payment transaction values in the first six months of 2019.
1.There are 38 e-wallet apps in Indonesia. Based on the number of downloads, OVO is among the top five e-wallet apps.
2.OVO has strong brand recognition: it’s the largest fintech service ecosystem in Indonesia, offering digital payments, P2P lending, investment, insurance, credit scoring, and multifinance.
3.Over 110 million people currently use OVO, which is spread across 300 Indonesian cities, making the payment method ripe for continued e-wallet adoption and growth.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Cash/Bank transfer
Relevant Payer Geography
Indonesia
Transaction Currencies
IDR
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
Bank transfer is a popular payment method in Indonesia: consumers can choose to pay for e-commerce purchases directly through an immediate bank transfer using a 16-digit payment code (also known as Virtual Account Number). This can be via internet/mobile banking or ATM networks. Supported ATM networks include Bersama, Prima, and Alto, and supported banks include: Bank Danamon, Bank Mandiri, CIMB Niaga, Permata Bank and Maybank Indonesia.
1.With a 29% market share, bank transfer payments are the second most popular method of payment in Indonesia. (PPRO Almanac).
2.Banks for bank transfer include Indonesia top 10 banks: Bank BRI, Bank Danamon, Bank Mandiri, CIMB Niaga, Maybank Indonesia and Permata Bank.
3.As not all debit cards are enabled by banks for e-commerce, Indonesian consumers prefer bank transfer methods, via a browser or mobile banking app.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Wallet
Relevant Payer Geography
Global
Transaction Currencies
Local currency
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
One of China’s leading online wallets, WeChat Pay holds over 38% of mainland Chinese wallet share (iResearch Group) and counts over 800 million active users (Tencent). WeChat Pay supports e-commerce, peer-to-peer and online payments, as well as in-store transactions. H5 pages are a key WeChat promotional tool to enable merchants to seamlessly share content and engage users in the app. With H5 payment the consumer chooses WeChat Pay, is taken to the app and authorises payment with their payment password.
1.43% of China’s population are cross-border shoppers with cross-border e-commerce valued at US 217 billion (PPRO Almanac).
2.WeChat has over 1.2 billion active users (Statista) and as H5 pages continue to gain in popularity, the payment method is an essential tool to extend consumer reach.
3.Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese consumer with a seamless and familiar payment experience.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Wallet
Relevant Payer Geography
Global
Transaction Currencies
Local currency
Recurring payments
No
Refunds/Partial Refunds
Yes
Payment Assurance
Yes
Chargeback risk
No
Payment Completion
Immediate
As the most popular online wallet in China, Alipay hold over 55% of mainland Chinese wallet market share ( iResearch Consulting Group) and count over 1.3 billion active users as of March 2020 (Alipay). According to Alipay, as of June 2020, the company had processed USD 17 trillion worth of transactions in mainland China over the course of a year. Mainland Chinese consumers increasingly buy from global brands, especially in the luxury, retail and international travel segments. A must for brands who want to attract mainland Chinese consumers, Alipay’s frictionless user experience unlocks a high conversion rate at checkout.
1.Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese tourist segment with a seamless and familiar shopping experience.
2.Promote retail stores to mainland Chinese shoppers within the Alipay app easily, without language barriers. Merchants can promote to tourists before, during and after travel to Europe.
3.By using Alipay, merchants are able to remove typical purchase barriers - such as language and retail location - and drive sales with mainland Chinese tourists.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Payment Method Type
Bank transfer
Relevant Payer Geography
Australia
Transaction Currencies
AUD
Recurring payments
No
Refunds/Partial Refunds
No
Payment Assurance
No
Chargeback risk
No
Payment Completion
Immediate
POLi is owned by SecurePay, a subsidiary of Australia Post, and is a real-time online payment service. It integrates with major banks throughout Australia and enables consumers to pay easily online, direct from their internet banking accounts. The automated payment process uses cleared funds from a debit account to pay for consumer purchases, without accessing any sensitive personal data. Once a transaction is successful, POLi provides both the consumer and merchant with real-time receipts. Supported banks include: ANZ, Bank of Melbourne, BOQ, BankSA, Bankwest, Bendigo Bank, Citibank, Commonwealth Bank, CUA, IMB Building Society, ME Bank, NAB, Newcastle Permanent, People's Choice Credit Union, St. George Bank, Suncorp, Westpac.
1.In Australia, 40% of consumers do not hold credit cards, yet 88% have internet banking (PPRO Almanac). POLi gives merchants access to millions of consumers who prefer to use debit funds to pay for online purchases.
2.POLi is Australia’s leading real-time online debit payment method and offers access to 16% of the population who prefer to pay by bank transfer (PPRO Almanac).
3.POLi integrates with 17 different banks throughout Australia, meaning potentially high consumer reach across the country.
1.Merchant
At online checkout, the consumer chooses Boleto Bancário as the preferred payment method
2.Payment Method
The consumer enters an email address and is redirected to print a voucher
3.Payment Point
The consumer brings the voucher to a Boleto Bancário location to make payment
4.Merchant
The merchant receives confirmation of payment
Google Pay
Payment Method TypeWallet
Relevant Payer GeographyWhere Google Pay is supported
Transaction CurrenciesLocal currency
Payment AssuranceYes
Learn more
Apple Pay
Payment Method TypeWallet
Relevant Payer GeographyWhere Apple Pay is supported
Transaction CurrenciesLocal currency
Payment AssuranceYes
Learn more
Boleto Bancário
Payment Method TypeCash
Relevant Payer GeographyBrazil
Transaction CurrenciesBRL
Payment AssuranceYes
Learn more
giropay
Payment Method TypeBank transfer
Relevant Payer GeographyGermany
Transaction CurrenciesEUR
Payment AssuranceYes
Learn more
Sofort -Klana (Sofortbanking)
Payment Method TypeBank transfer
Relevant Payer GeographyGlobal
Transaction CurrenciesCHF, EUR, GBP, PLN
Payment AssuranceYes
Learn more
iDEAL
Payment Method TypeBank transfer / HPP Redirect
Relevant Payer GeographyNetherlands
Transaction CurrenciesEUR
Payment AssuranceYes
Learn more
Przelewy24 | P24
Payment Method TypeBank transfer
Relevant Payer GeographyPoland
Transaction CurrenciesEUR, PLN
Payment AssuranceYes
Learn more
MyBank
Payment Method TypeBank transfer
Relevant Payer GeographyItaly
Transaction CurrenciesEUR
Payment AssuranceNo
Learn more
PayU
Payment Method TypeBank transfer
Relevant Payer GeographyPolandCzech Republic ,
Transaction CurrenciesCZK, EUR
Payment AssuranceYes
Learn more
eps
Payment Method TypeBank transfer
Relevant Payer GeographyAustria
Transaction CurrenciesEUR
Payment AssuranceYes
Learn more
paysafecard
Payment Method TypePrepaid voucher / Prepaid code
Relevant Payer GeographyGlobal
Transaction CurrenciesARS, AUD, BRL, CAD, CHF, CZK, DKK, EGP, EUR, GBP, HRK, HUF, KWD, MXN, NZD, NOK, PEN, PLN, RON, SEK, TRY, USD, UYU , VA
Payment AssuranceYes
Learn more
Bancontact
Payment Method TypeLocal card / QR Code
Relevant Payer GeographyBelgium
Transaction CurrenciesEUR
Payment AssuranceYes
Learn more
Kakaopay
Payment Method TypeWallet
Relevant Payer GeographyKorea
Transaction CurrenciesKRW
Payment AssuranceYes
Learn more
Thailand Banks
Payment Method TypeBank transfer
Relevant Payer GeographyThailand
Transaction CurrenciesTHB
Payment AssuranceYes
Learn more
Pay-easy
Payment Method TypeBank transfer
Relevant Payer GeographyJapan
Transaction CurrenciesJPY
Payment AssuranceYes
Learn more
Konbini
Payment Method TypeCash
Relevant Payer GeographyJapan
Transaction CurrenciesJPY
Payment AssuranceYes
Learn more
FPX Online Banking
Payment Method TypeBank transfer
Relevant Payer GeographyMalaysia
Transaction CurrenciesMYR
Payment AssuranceYes
Learn more
eNETS
Payment Method TypeBank transfer
Relevant Payer GeographySingapore
Transaction CurrenciesSGD
Payment AssuranceYes
Learn more
Bayar Dengan OVO
Payment Method TypeWallet
Relevant Payer GeographyIndonesia
Transaction CurrenciesIDR
Payment AssuranceYes
Learn more
Indonesia Banks
Payment Method TypeCash/Bank transfer
Relevant Payer GeographyIndonesia
Transaction CurrenciesIDR
Payment AssuranceYes
Learn more
WeChat Pay
Payment Method TypeWallet
Relevant Payer GeographyGlobal with Chinese consumers
Transaction CurrenciesLocal currency
Payment AssuranceYes
Learn more
Alipay
Payment Method TypeWallet
Relevant Payer GeographyGlobal with Chinese consumers
Transaction CurrenciesLocal currency
Payment AssuranceYes
Learn more
POLi
Payment Method TypeBank transfer
Relevant Payer GeographyAustralia
Transaction CurrenciesAUD
Payment AssuranceNo
Learn more
Go global by thinking local
Expand your international market by accepting locally-preferred payment options. Let your consumers shop globally and pay locally!
Increase sales
A wider selection of payment choices leads to greater customer spending. More payment options means more sales.
Increase conversion rates
Reduce shopping cart abandonment with one button that reduces the number of keystrokes needed to checkout.
