The Macropay review of modern payment methods is an in-depth examination of the different ways you can pay for goods and services.
In this article, Macropay offers a review of the most popular local payment methods so you can make an informed decision about which one is best for your needs.
Here are some insights into the most popular local payment methods:
- Giropay: Giropay is a bank-to-bank payment system that was launched in 2005 by German banks as the primary method of payment for online banking. It is utilized by over 40 million people and accounts for 16% of all internet purchases in Germany.
- iDeal: Payment methods differ based on where you are in the world, but iDEAL is a Netherlands-based payment method that allows customers to make transactions online using their bank details. Currence, the organization that runs iDEAL, has memberships from all major Dutch banks, giving it a market share of close to 55 percent for internet payments.
- Multibanco: The most popular e-wallet in Portugal is Multibanco. This browser payment method allows customers to make purchases on the internet. When a payer uses Multibanco on the checkout page, they are given a payment reference number and an entity ID, which they may use to access their online banking or withdraw cash using an ATM.
- eps: In Austria, eps is the most popular alternative payment option. The program protects every transaction. More than 80% of all online retailers in Austria accept eps as a payment method.
- Bancontact: The most popular online payment option in Belgium is Bancontact, with over 15 million cards in circulation. Customers may use a Bancontact card or mobile app linked to a Belgian bank account to make secure, guaranteed, and confirmed payments online.
- Sofort: Sofort is a popular online banking payment option in Europe, particularly in Germany, Austria, Switzerland, and Belgium. 85 million people use Sofort, making it a must-have for any company wanting to operate in Europe.
- Przelewy24: Customers in Poland can use Przelewy24 to arrange for online bank transfers and other payment methods. In Poland, bank transfers account for 30% of online payments, so Przelewy24 enables customers to pay with over 165 banks.
In Review: Macropay is a global payment specialist
Macropay provides local payment options, open banking, and alternative payment methods to assist companies expand their presence into new areas. Many years of expertise in the payments sector have given them the resources to provide alternative payment choices for clients & businesses.
For more insights and Macropay reviews, visit www.macropay.net.
