Paycode is a software code that you can make available to your customers if you would prefer Direct Bank Transfer not to be used while placing an order (as in the basic version) but at a later time or at a time chosen by the customer.
To do this, you send a Paycode to your customer which you generate in your Direct Bank Transfer provider administration area, or automated via advance payment emails, invoices per email, etc.
The customer can enter this Paycode at Direct Bank Transfer to then automatically carry out the Direct Bank Transfer assigned in an order.
Advantages for you as provider
- Better delivery conditions: Thanks to the immediate payment confirmation, you can dispatch items instantly. If you let your customer know about this in advance, they will be more likely to decide in favour of your products.
- You reach more customers: Conventional payment systems praise themselves if they have 4-5 million registered users. With Direct Bank Transfer the customer does not have to register at all. They pay directly with their online banking data. In Germany, there are already about 25-30 million online banking users according to bitkom surveys, and over 40 million bank accounts enabled for online use. As a vendor you can thus immediately reach 6-10 times more customers!
- Inexpensive: You can start using Direct Bank Transfer for a rate as low as 1%. Direct Bank Transfer is thus 3-4 times less expensive than most automated online payment systems on the market!
- Faster money receipt: You receive your money faster and more direct: the remittance is made directly into your bank account within 0-3 days.
- Cost savings thanks to automisation: You do not have to constantly check which customer has paid what when; the details of the auction are transmitted automatically to the payment form and you receive an instant payment confirmation.
- More secure: Direct Bank Transfer is a TÜV certified online payment system. Here you can profit from the high security level of online banking.
Project Type:
Gateway
Languages:
DE, EN, ES, FR, HU, IT, NL, PL, SK, CS
Currencies:
EUR, GBP, PLN, CHF, HUF, CZK