Advantages of the service
Go beyond credit cards and support global payment methods, which you can activate from your Dashboard.
1.1. How is the payment completed?
A challenge for businesses accepting payments online is to ensure that they can provide a pleasant payment experience for their customers. A business can distinguish between three types of payments, which will shape the flow of their checkout:
The customer provides payment details to the business, who can initiate payments at their own convenience. This is the case for credit card payments for which only the card details are required, or bank direct debit payments for example. Importantly, in the case of business-initiated payments, a business may not have the ability to formally confirm that either the customer authorized the transaction, nor that the payment details were indeed provided by their owner. As detailed above, these payment methods can present additional risks of fraud and disputed or revoked payments for businesses.
- SEPA Direct Debit