DPMax Open Banking
Pay By Bank
Open banking is a cutting-edge and highly secure financial process that empowers consumers and merchants by allowing regulated third-party service providers access to banking, transaction data, and other vital financial information. Through secure APIs Application Programming Interfaces, banks facilitate this data sharing, ushering in a new era of financial innovation. Backed by the European Commission's Open Banking Infrastructure., it will empower consumers to share their data securely so that they can get a wider range of better and more secure financial products.
The payment services market has changed significantly in recent years and Alternative Payments is bringing these advantages to US-based merchants. Electronic payments in the EU have been constantly growing, reaching €240 trillion in value in 2021.
Instant Bank Transfer
DPMax facilitates instant bank transfers, where consumers simply select "Pay by Bank" and initiate payments. Funds are directly transferred from their account, and the merchant receives immediate payment confirmation.
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
Merchant
At checkout, the consumer selects DPMax (Pay by Bank) as their payment method.
Payment method
The consumer selects their bank or enters their IBAN.
Online bank
The consumer logs in to their online banking and confirms the transaction.
Merchant
Payment confirmed.
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There are a lot more payment methods customers from all over the world feel more comfortable to use and trust much more than credit cards.
