EPS Electronic payment is a new payment standard introduced in Austria. EPS electronic Payment is connected to the online payment system of the Bank of Austria, providing a convenient and secure online payment solution. The online shopper selects EPS and the shopper redirects to the bank interface and logs in directly to the bank where the account is opened. Shoppers use the transaction password to confirm payment to the merchant’s website. After successful payment, the shopper redirects to your website and receives payment confirmation.
Expanding into New Global Markets
Different countries exhibit distinct payment method preferences. Offer the required payment methods for local consumers.
Increasing Conversion Rates
Due to the utilization of local processing connections, local payment methods are favored to a greater extent within issuing institutions.
To achieve widespread global payment usage, it is recommended to adopt integrated integration to ensure the collaborative linkage of payment providers and acquiring institutions.