Payment Method Type
Wallet
Relevant Payer Geography
Google Pay
Transaction Currencies
Local currency
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
Yes
Payment Completion
Immediate
Google Pay allows customers to make payments in your app or website using any credit or debit card saved to their Google Account, including those from Google Play, YouTube, Chrome, or an Android device.
Payment Method Type
Wallet
Relevant Payer Geography
Apple Pay
Transaction Currencies
Local currency
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Apple Pay is a wallet that allows customers to pay using payment details stored on their iPhone, iPad, or Apple Watch.
1.Stay on the cutting edge of payments both online and in-store. Now more than ever, shoppers want a fast, simple, and secure checkout experience. That’s why by enabling Apple Pay, you can delight your customers in- stores, in-apps, and on the web and help boost sales.
2.Two-factor authentication makes transactions more secure and often results in fewer disputes compared to other payment methods.
Payment Method Type
Cash
Relevant Payer Geography
Transaction Currencies
BRL
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Boleto (meaning 'ticket') Bancário is an official Brazilian payment method, which is regulated by the Central Bank of Brazil. It is a push payment system which was launched in 1993 and today generates 3.7 billion transactions per year. In Brazil, where two-thirds of its 200 million population do not have a credit card, Boleto Bancário is highly popular, generating over 50 million transactions a month. Local and regional merchants often offer discounts for Boleto Bancário payments as there is no chargeback risk, and payments are made upfront.
1.Accounting for around 25% of all online payment transactions, offering Boleto Bancário is a must for doing business in Brazil.
2.There are literally thousands of payment points where a Boleto can be paid in Brazil: ATMs, branches and internet banking of any bank, post office, lottery agent, convenience store or supermarket.
3.When it comes to online purchases, Boleto Bancário is especially popular for high-ticket items because many consumers still do not feel secure in providing their payment details online.
Payment Method Type
Bank transfer
Relevant Payer Geography
Germany
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
With giropay, consumers are using their bank's secure online banking: their bank account information and transaction details remain fully protected and secure. When consumers check out, they can use giropay directly without any additional registration. According to giropay, the payment method supports nearly all banks in Germany, and there are over 45 million online banking customers who use it (54% overall population).
1.With giropay, consumers can checkout online using their usual online banking with PIN and TAN. No extra login or registration required.
2.Merchants will receive a payment guarantee straight after successful giropay transactions（up to EUR 10,000）, enabling immediate processing and fulfilment.
3.With giropay and eps interoperability, and no additional technical effort, German merchants can also receive eps payments from Austrian customers.
Payment Method Type
Bank transfer
Relevant Payer Geography
Global
Transaction Currencies
CHF, EUR, GBP, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Klarna is the leading global payments and shopping service, providing flexible shopping and purchase experiences to 90 million active consumers across over 250,000 merchants in 17 countries. Considered the market leader in buy now, pay later services in Europe, Klarna offers three payment methods: Pay now, Pay later, and Financing. Consumers select the Klarna payment option they prefer based on availability by country and merchant, and pay in 30 days or pay in three interest-free installments (UK).
1.Highly secure: Consumers use their own online banking data and do not have to submit any personal information or card details to the merchant; they enter their online banking data on the secure payment page of Sofort GmbH, to which merchants have no access.
2.Deep loyalty: Klarna reports that retailers typically see a 68% increase in average order value, and 44% of their customers would have abandoned carts if the payment method was not available.
3.Trusted payment type: German card usage remains low at 11% due to security concerns, leading to the popularity of bank transfer payment options, accounting for 52% of all transactions.
Payment Method Type
Bank transfer / HPP Redirect
Relevant Payer Geography
Netherlands
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
iDEAL, launched in 2005, provides a payment guarantee to merchants while enabling consumers to pay online through their mobile banking app or online bank account. iDEAL is based on the SEPA credit transfer and is now the most successful and most used payment method in the Netherlands; in 2020, a 25% year on year increase led to 890 million transactions totalling EUR 70 billion (Dutch Payments Association). Supported banks include: ABN AMRO, ASN Bank, bunq, ING, Knab, Rabobank, RegioBank, Revolut, SNS, Svenska Handelsbanken, Triodos Bank, Van Lanschot.
1.iDEAL cite a 60% market share in the Netherlands, making it easy for merchants to reach millions of Dutch consumers
2.iDEAL is accepted by merchants in over 60 countries outside of the Netherlands and reports that 99 million payments were made via non-Dutch websites in 2019.
3.According to iDEAL, over 98% of Dutch online banking users can pay with iDEAL, which is ranked as one of the top 10 strongest brands in the Netherlands every year.
Payment Method Type
Bank transfer
Relevant Payer Geography
Poland
Transaction Currencies
EUR, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Founded in 2004, Przelewy24 is a Poland-based real-time online bank transfer payment method, often referred to as P24. Przelewy24 operates in partnership with all Polish banks.
1.Brand recognition: According to Przelewy24, 87% of users in Poland recognize their brand.
2.Popular payment type: Bank transfer methods are hugely popular in Poland, representing 47% of online payments (PPRO Almanac).
3.Strong security: Przelewy24 cites that 84% of survey respondents consider the payment service safe.
Payment Method Type
Bank transfer
Relevant Payer Geography
Czech Republic
Transaction Currencies
CZK, EUR
Recurring payments
No
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
Founded in 2009, TrustPay was one of the earliest licensed and regulated providers of secure e-commerce payments across the EEA area. A popular instant bank transfer method in the Czech Republic and Slovakia, TrustPay offers a range of banking services, including corporate bank accounts and prepaid cards. Simple to use with convenient, automatic enrollment, the consumer pays by selecting their bank and approving payment.
1.Strong payment type: In terms of market share, bank transfer payments are the second most popular method of payment in the Czech Republic (27%) and Slovakia (25%) (PPRO Almanac).
2.Trusted and secure: Consumers do not need to disclose any personal data to TrustPay; all they need is an account with a TrustPay supported bank.
3.Wide coverage: For both Czech Republic and Slovakia, over 80% of banks are supported by TrustPay (only private banks or small retail banks are not covered).
Payment Method Type
Bank transfer
Relevant Payer Geography
Italy
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Operated by PRETA S.A.S, MyBank is owned by EBA Clearing, a provider of pan-European payment infrastructure services controlled by 52 banks. MyBank enables consumers to pay directly from their online banking through an immediate bank transfer - with the highest security and transparency standards. MyBank is available on a wide range of sites for the purchase of products, services and for payments towards public administration entities. MyBank positions itself as a flexible solution for both B2B and B2C businesses: over 210 banks and PSPs have joined the MyBank network throughout Europe.
1.Anywhere and on any device: MyBank is a payment solution based on SEPA (Single Euro Payments Area), which can be used throughout Europe and from any device (pc, smartphone, tablet).
2.Fast and easy: all necessary payment information is available within the pre-filled bank transfer form. There is no need for consumers to type in lengthy bank numbers or further codes.
3.No amount limits: MyBank allows transactions of any amount as long as the necessary funds are available on consumer bank accounts.
Payment Method Type
Bank transfer
Relevant Payer Geography
Czech Republic Poland
Transaction Currencies
CZK, PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
PayU is a Polish and Czech online bank transfer payment method. As one of the most popular payment method amongst Polish consumers, 1 in 2 consumers choose to check out with PayU. Trusted by the largest companies in Poland and the Czech Republic, PayU offers 100% security with the highest certificates for secure transaction processing.
1.With more than 300 banks in Poland and 10 banks in Czech Republic, PayU regularly conducts UX audits for conversion optimisation.
2.PayU provides access to Pay-by-Link, which is the preferred payment method in the Polish market.
3.By offering PayU, merchants can benefit from an increase in incremental sales, even up to 20%, and uplift the average order value by up to 10 times over other payment methods.
Payment Method Type
Bank transfer
Relevant Payer Geography
Austria
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
The main bank transfer payment method in Austria is eps, developed jointly by Austrian banks and the government, enabling consumers to pay securely for online purchases using their own trusted online bank. With 83% of Austrians shopping cross border and bank transfer the preferred payment method in Austria (PPRO Almanac), eps is a critical payment method in the DACH region. Every transaction is guaranteed by eps.
1.With approximately 15-18% market share, eps is one of Austria’s most popular payment methods (PPRO Almanac). It is also the official payment method for the Austrian e-government.
2.According to eps, the payment method has over 1,000 online merchants and over 80% of online merchants in Austria accept it (PPRO Almanac).
3.With eps and giropay interoperability, and no additional technical effort, Austrian merchants can also receive giropay payments from German customers.
Payment Method Type
Prepaid voucher / Prepaid code
Relevant Payer Geography
Global
Transaction Currencies
ARS, AUD, BRL, CAD, CHF, CZK, DKK, EGP, EUR, GBP, HRK, HUF, KWD, MXN, NZD, NOK, PEN, PLN, RON, SEK, TRY, USD, UYU , VAE
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
paysafecard is a prepaid, online payment method based on vouchers, which are independent of bank account, credit card, or other personal details. paysafecard operates a dense distribution network, with over 660,000 points of sale across 50 countries. Vouchers are available at top tier sales outlets, which vary by country, including: 7-Eleven, OXXO, Shell, Statoil and SPAR. With the search feature on the paysafecard site or the app, consumers can find the nearest sales outlet quickly and easily.
1.Use paysafecard to reach consumers without credit cards, bank accounts or other online payment methods, as well as those who do not wish to enter credit card and bank account info online.
2.Every consumer who pays with paysafecard is an additional customer that merchants would not be able to reach through other non-cash payment methods.
3.Merchants will be able to access new consumers and increase conversion rates with a risk-free payment method that has high brand recognition.
Payment Method Type
Local card / QR Code
Relevant Payer Geography
Belgium
Transaction Currencies
EUR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Founded in 1989, and now a brand from the Bancontact Payconiq Company, Bancontact makes it possible to pay directly through the online payment systems of all major Belgian banks for customers with Bancontact payment cards. Bancontact is the Belgian market leader in electronic payment services, with 20 Belgian banks issuing Bancontact cards. At checkout, the consumer enters their card details or scans the QR code, then authorises payment.
1.Bancontact continues to be the strongest payment brand in Belgium, and the preferred method of payment for Belgians in 2020 (iVox).
2.There is no chargeback risk, which is a unique feature for debit cards, protecting merchant revenue streams.
3.Bancontact cites a 10% year-over-year rise in payments, with 1.65 billion payments made in 2020 using the Bancontact card and the Payconiq by Bancontact app.
Payment Method Type
Wallet
Relevant Payer Geography
Korea
Transaction Currencies
KRW
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
KakaoPay is an e-wallet within Kakao Talk, South Korea's most downloaded app in the Apple and Google Play store. KakaoPay lets users safely make cashless payments for everyday usage, whether online or in-store. It also offers users the option to manage their investments, and cross border P2P mobile remittance in-app.
1.Ease of payment, ease of mind: Koreans top choice for easy payments (used by 93% of smart phone users) stable platform and most trusted.
2.No local entity required.
3.One integration: part of the Ant Financial OSP offering.
Payment Method Type
Bank transfer
Relevant Payer Geography
Thailand
Transaction Currencies
THB
Recurring payments
No
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
Bank transfer is a popular, trusted payment method in Thailand and supported banks feature in the top 5 banks: Bangkok Bank, Krungsri Bank, Krung Thai Bank and Siam Commercial Bank. Consumers pay for e-commerce purchases directly through an immediate bank transfer by logging into their online banking and authorising the payment with a one-time passcode.
1.Bank account penetration in Thailand is strong, currently standing at 82% and contributing to bank transfer payments maintaining 24% market share (PPRO Almanac).
2.Thailand has one of the highest internet penetrations in the Southeast Asian region, and online bank transfer is expected to become the dominant payment method by 2023 (J.P. Morgan).
3.Thailand cross-border e-commerce is valued at USD 1.9 billion, and 49% of Thai online consumers are cross-border shoppers, (PPRO Almanac).
Payment Method Type
Bank transfer
Relevant Payer Geography
Japan
Transaction Currencies
JPY
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Pay-easy provides Japanese consumers with convenient, secure and risk-free options for e-commerce payments: online bank transfer and offline cash payments at ATMs and post offices. For online bank transfer payments, Pay-easy has the most comprehensive network of banks in Japan, including all major banks. Japanese consumers are often risk-averse and sensitive to data collection. Pay-easy bank transfer lets shoppers pay without providing personal details nor accruing credit-based debt.
1.Go-to-market for international merchants does not require a physical presence in Japan.
2.Merchants will offer a trusted brand at checkout: in addition to e-commerce purchases, Japanese consumers use it to pay taxes and other public service charges.
3.Pay-easy is the network of choice for all bank connections and transfers, with more than 300 banks in Japan.
Payment Method Type
Cash
Relevant Payer Geography
Japan
Transaction Currencies
JPY
Recurring payments
No
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
Konbini (convenience store) payments are popular for cash payments in Japan, enabling e-commerce transactions in a culture where cash is considered more trustworthy and secure than other payment methods. With Konbini payments, Japanese consumers can make purchases online and pay with cash at over 50,000 nearby convenience store locations including 7-Eleven, Lawson, FamilyMart, Ministop, and Seicomart.
1.As 4 out of 5 Japanese consumers prefer to pay with cash and convenience stores are a part of their daily lives, accepting Konbini payments is a must-have for running a successful e-commerce store in Japan.
2.Cash and Konbini payments represent 13% of transactions in Japan, according to JP Morgan. Konbini payments are also popular with teenagers that do not have bank accounts nor credit cards.
3.Go to market for international merchants does not require a physical presence in Japan (exception: 7-Eleven).
Payment Method Type
Bank transfer
Relevant Payer Geography
Malaysia
Transaction Currencies
MYR
Recurring payments
Yes
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
FPX Online Banking enables merchants to accept payments from 18 Malaysian banks that offer internet banking. Merchants can display one of the following options on their checkout page: the 'Merchant Checkout', where they show all 18 bank logos, or the 'Bank Selector' page, where they display an alphabetical dropdown list of the same 18 banks. Consumers choose their bank and pay with an instant bank transfer via online banking. Banks include: Maybank, CIMB Bank, Public Bank, Bank Islam, Hong Leong Bank, RHB Bank, Ambank, Alliance Bank, Bank Kerjasama Rakyat Malaysia, Affin Bank, OCBC Bank, Standard Chartered Bank, United Overseas Bank (UOB), Bank Simpanan Nasional, Bank Muamalat, Hongkong and Shanghai Banking Corporation (HSBC), Kuwait Finance House, Agrobank.
1.Large consumer base: Bank transfers are the most popular method of payment in Malaysia (46%) where 85% of the population are banked (PPRO Almanac).
2.Market share: According to Bank Negara Malaysia, FPX is one of the most popular online payment methods in Malaysia, with nearly 90 million transactions in 2018.
3.Freedom of payment selection: Through one connection, merchants offer consumers access to 18 bank payment channels.
Payment Method Type
Wallet
Relevant Payer Geography
Indonesia
Transaction Currencies
IDR
Recurring payments
No
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
OVO is an e-wallet in Indonesia, where almost 20% of consumers use e-wallets to pay for goods and services. OVO is hugely popular, present in 115 million devices, offering lucrative cashback rebates (as OVO points) to entice consumers to use OVO. According to data from Bank Indonesia, OVO was the country’s top e-wallet service based on transaction values: it accounted for 37% of total digital payment transaction values in the first six months of 2019.
1.There are 38 e-wallet apps in Indonesia. Based on the number of downloads, OVO is among the top five e-wallet apps.
2.OVO has strong brand recognition: it’s the largest fintech service ecosystem in Indonesia, offering digital payments, P2P lending, investment, insurance, credit scoring, and multifinance.
3.Over 110 million people currently use OVO, which is spread across 300 Indonesian cities, making the payment method ripe for continued e-wallet adoption and growth.
Payment Method Type
Cash/Bank transfer
Relevant Payer Geography
Indonesia
Transaction Currencies
IDR
Recurring payments
No
Refunds/Partial Refunds
No
Chargeback risk
No
Payment Completion
Immediate
Bank transfer is a popular payment method in Indonesia: consumers can choose to pay for e-commerce purchases directly through an immediate bank transfer using a 16-digit payment code (also known as Virtual Account Number). This can be via internet/mobile banking or ATM networks. Supported ATM networks include Bersama, Prima, and Alto, and supported banks include: Bank Danamon, Bank Mandiri, CIMB Niaga, Permata Bank and Maybank Indonesia.
1.With a 29% market share, bank transfer payments are the second most popular method of payment in Indonesia. (PPRO Almanac).
2.Banks for bank transfer include Indonesia top 10 banks: Bank BRI, Bank Danamon, Bank Mandiri, CIMB Niaga, Maybank Indonesia and Permata Bank.
3.As not all debit cards are enabled by banks for e-commerce, Indonesian consumers prefer bank transfer methods, via a browser or mobile banking app.
Payment Method Type
Wallet
Relevant Payer Geography
Global
Transaction Currencies
Local currency
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
One of China’s leading online wallets, WeChat Pay holds over 38% of mainland Chinese wallet share (iResearch Group) and counts over 800 million active users (Tencent). WeChat Pay supports e-commerce, peer-to-peer and online payments, as well as in-store transactions. H5 pages are a key WeChat promotional tool to enable merchants to seamlessly share content and engage users in the app. With H5 payment the consumer chooses WeChat Pay, is taken to the app and authorises payment with their payment password.
1.43% of China’s population are cross-border shoppers with cross-border e-commerce valued at US 217 billion (PPRO Almanac).
2.WeChat has over 1.2 billion active users (Statista) and as H5 pages continue to gain in popularity, the payment method is an essential tool to extend consumer reach.
3.Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese consumer with a seamless and familiar payment experience.
Payment Method Type
Wallet
Relevant Payer Geography
Global
Transaction Currencies
Local currency
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
As the most popular online wallet in China, Alipay hold over 55% of mainland Chinese wallet market share ( iResearch Consulting Group) and count over 1.3 billion active users as of March 2020 (Alipay). According to Alipay, as of June 2020, the company had processed USD 17 trillion worth of transactions in mainland China over the course of a year. Mainland Chinese consumers increasingly buy from global brands, especially in the luxury, retail and international travel segments. A must for brands who want to attract mainland Chinese consumers, Alipay’s frictionless user experience unlocks a high conversion rate at checkout.
1.Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese tourist segment with a seamless and familiar shopping experience.
2.Promote retail stores to mainland Chinese shoppers within the Alipay app easily, without language barriers. Merchants can promote to tourists before, during and after travel to Europe.
3.By using Alipay, merchants are able to remove typical purchase barriers - such as language and retail location - and drive sales with mainland Chinese tourists.
Payment Method Type
Wallet
Relevant Payer Geography
Indonesia
Transaction Currencies
IDR
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
DANA is an Indonesian digital wallet with over 30 million users. Users sign up for DANA by registering with their mobile number and setting up a 6-digit Personal Identification Number (PIN). After they register, they can start funding their DANA account by transferring funds from their bank account or making a cash deposit at a participating store.
1.This electronic wallet DANA,jointly launched by Ant Financial and the local Indonesian media giant Emtek,showed its ambitions after it went online,striving to bring the best online payment experience to Indonesian users.
2.DANA is an Indonesian digital wallet (part of Ant Financial OSP) with over 30 million users. It is an all-in-one app that allows users to safely make cashless and cardless payments for everyday usage.
3.DANA has also deeply integrated into the two leading e-commerce platforms in Indonesia,Lazada and Bukalapak.
Payment Method Type
Wallet
Relevant Payer Geography
Malaysia
Transaction Currencies
MYR
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
The Touch 'n Go eWallet is an electronic wallet that holds electronic money. This service via mobile application is offered by TNGD. The Touch 'n Go eWallet provides services such as QR and online payments at participating retail, F&B and entertainment merchants as well as funds transfer, and toll payments through the “PayDirect” feature and RFID. The Touch 'n Go eWallet is also the first eWallet to have a security policy called Money-back Guarantee that provides full compensation should an unauthorised transaction occur. A quick payment method is also available for users by linking their bank card to the eWallet to ensure a seamless retail experience.
1.There is NO set-up cost for the use of TNG to collect or receive payments.Unlike some non-cash payment systems, TNG charges NO monthly cost.
2.TNG accepts all merchants, large and small, with NO minimum transaction volume or sales turnover requirement.
3.Touch ‘n Go eWallet now has 790K+merchants and more than 18.5M+ users.
Payment Method Type
Wallet
Relevant Payer Geography
Philippines
Transaction Currencies
PHP
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
GCash is one of the most popular e-wallets in the Philippines. Users sign up for GCash by registering with their mobile number and setting up a 4-digit Mobile Personal Identification Number (MPIN). After they register, they can start funding their GCash account by transferring funds from their bank accounts or by depositing cash at GCash stores.
1.GCash is the most popular digit wallet used in the Philippines. It has been gaining tremendous momentum and adoption over the last few years, and is a well-known brand name in Filipino households in the Philippines as well as overseas.
2.GCash partners include banks, insurance companies, retail chains, shopping malls, public service utilities, transportation agencies and many others. There is pretty much nothing you cannot do with GCash within the Philippines.
3.GCash is fully secure.Fund insurance that guarantees that GCash will handle any fraud or authorized access reports with top most priority and investigate them.Real time monitoring, detection and prevention of suspicious activity and fraud prevention.
Payment Method Type
Bank transfer
Relevant Payer Geography
Multiple European countries
Transaction Currencies
CHF,EUR,GBP,PLN
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Sofort GmbH has been part of the Klarna Group since 2014. In August 2017, Klarna made major changes to their design and visually integrated the Sofortüberweisung payment method into the Klarna product range. With Sofort, security-conscious consumers use their own online banking details, entered through the secure payment page of Sofort. Once logged in, a one-time confirmation code is used by the consumer to authorise payment.
1.SOFORT is the market leader amongst the online banking-based payment methods in Germany and Austria. On average, 3 million Sofort transactions are made every month. More than 35.000 online merchants offer Sofort as a payment scheme to their customers.
2.SOFORT Banking is available in 8 countries. Besides in Germany, the system is available in Austria, Belgium, France, Italy, Netherlands, Slovakia and Spain.
3.People all around Europe are very much familiar with this payment system that has been functioning without any problems for several decades now, which is one of the reasons why more and more people opt to try it out on a daily basis. Thanks to two-factor authentication, it’s one of the safest payment options (it’s even safer than paying with a credit card or eWallet).
Payment Method Type
Wallet
Relevant Payer Geography
Thailand
Transaction Currencies
THB
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
TrueMoney Wallet, Thailand’s leading e-wallet, lets customers securely make cashless and cardless payments for all their everyday needs, including mobile top-ups, bill payments, online and offline purchases, and much more.
1.TrueMoney Wallet is an e-wallet to facilitate both customers, partners and employees to make cashless and cardless payments for everyday and everytime, including purchase goods or service at 7-11, mobile top-ups, bill payments, online and offline purchases, and much more.
2.True Money Wallet offers a variety of services. covers all expenses can be used instead of cash.At leading stores across Thailand, enjoy all the entertainment in the online world. without credit card requiring, internet top-up, call top-up, Easy Pass top-up, and MRT card top-up instantly as neededalong with other financial services and many privileges.
3.TrueMoney is operated by Ascend Money Group, with more than 50 million users (as of 2023) via our TrueMoney Wallet application and our agent network (TrueMoney Centers). 88,000 locations in 7 countries.
Payment Method Type
Wallet
Relevant Payer Geography
Hongkong
Transaction Currencies
HKD
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
This service is an online payment service provided by Octopus Cards Limited (the "Company"), which allows users to use Octopus cards, Octopus wallets, Octopus mobile SIM cards, Octopus on iPhone or Apple Watch, Huawei Pay through the Octopus App Octopus or Smart Octopus in Samsung Pay to make online payments to various online merchants or service providers (collectively referred to as "Merchants").
An Octopus is an essential purchase in Hong Kong. It’s a smart payment tool that allows you to travel and pay cash-free at over 170,000 acceptance points, covering an extensive range of public transport, dining, entertainment, shopping, and more.
Payment Method Type
Bank transfer
Relevant Payer Geography
Hongkong
Transaction Currencies
HKD, CNY
Recurring payments
Yes
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
The Faster Payment System (FPS) is a payment financial infrastructure introduced in 2018 by the Hong Kong Monetary Authority (HKMA) and operated by Hong Kong Interbank Clearing Limited (HKICL) to enable instant payments in Hong Kong, providing consumers and merchants a safe, efficient and widely accessible retail payment service on a 24/7 basis.
1.FPS offers individuals and businesses a new choice and experience for making payments in multiple currencies – Hong Kong dollar (HKD) and Renminbi (RMB) – in real time.
2.Full connectivity among banks and e-wallets.
Payment Method Type
Bank transfer
Relevant Payer Geography
Transaction Currencies
BRL
Recurring payments
No
Refunds/Partial Refunds
Yes
Chargeback risk
No
Payment Completion
Immediate
Pix is a Brazilian bank-transfer payment method, created in 2020 by the Central Bank of Brazil (Bacen). Described as revolutionary, it enables any citizen with a deposit, savings, or prepaid payment account to make payments and transfers in a few seconds, at any time, 365 days a year.
750 institutions authorised by Bacen – with over 500,000 active customer accounts – must participate. Within 15 months over 12.4 billion transactions were carried out and 9.1 million companies had signed up (BC). By April 2022 Pix accounted for 11.5% of all e-commerce payments in Brazil.
Google Pay
Payment Method TypeWallet
Relevant Payer GeographyWhere Google Pay is supported
Transaction CurrenciesLocal currency
Learn more
Apple Pay
Payment Method TypeWallet
Relevant Payer GeographyWhere Apple Pay is supported
Transaction CurrenciesLocal currency
Learn more
Boleto Bancário
Payment Method TypeCash
Relevant Payer GeographyBrazil
Transaction CurrenciesBRL
Learn more
giropay
Payment Method TypeBank transfer
Relevant Payer GeographyGermany
Transaction CurrenciesEUR
Learn more
Klarna
Payment Method TypeBank transfer
Relevant Payer GeographyMultiple European countries
Transaction CurrenciesCHF, EUR, GBP, PLN
Learn more
iDEAL
Payment Method TypeBank transfer / HPP Redirect
Relevant Payer GeographyNetherlands
Transaction CurrenciesEUR
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Przelewy24 | P24
Payment Method TypeBank transfer
Relevant Payer GeographyPoland
Transaction CurrenciesEUR, PLN
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TrustPay
Payment Method TypeBank transfer
Relevant Payer GeographySlovakiaCzech Republic ,
Transaction CurrenciesCZK, EUR
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MyBank
Payment Method TypeBank transfer
Relevant Payer GeographyItaly
Transaction CurrenciesEUR
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PayU
Payment Method TypeBank transfer
Relevant Payer GeographyPolandCzech Republic ,
Transaction CurrenciesCZK, EUR
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eps
Payment Method TypeBank transfer
Relevant Payer GeographyAustria
Transaction CurrenciesEUR
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paysafecard
Payment Method TypePrepaid voucher / Prepaid code
Relevant Payer GeographyGlobal
Transaction CurrenciesARS, AUD, BRL, CAD, CHF, CZK, DKK, EGP, EUR, GBP, HRK, HUF, KWD, MXN, NZD, NOK, PEN, PLN, RON, SEK, TRY, USD, UYU , VA
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Bancontact
Payment Method TypeLocal card / QR Code
Relevant Payer GeographyBelgium
Transaction CurrenciesEUR
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Kakaopay
Payment Method TypeWallet
Relevant Payer GeographyKorea
Transaction CurrenciesKRW
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Thailand Banks
Payment Method TypeBank transfer
Relevant Payer GeographyThailand
Transaction CurrenciesTHB
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Pay-easy
Payment Method TypeBank transfer
Relevant Payer GeographyJapan
Transaction CurrenciesJPY
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Konbini
Payment Method TypeCash
Relevant Payer GeographyJapan
Transaction CurrenciesJPY
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FPX Online Banking
Payment Method TypeBank transfer
Relevant Payer GeographyMalaysia
Transaction CurrenciesMYR
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Bayar Dengan OVO
Payment Method TypeWallet
Relevant Payer GeographyIndonesia
Transaction CurrenciesIDR
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Indonesia Banks
Payment Method TypeCash/Bank transfer
Relevant Payer GeographyIndonesia
Transaction CurrenciesIDR
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WeChat Pay
Payment Method TypeWallet
Relevant Payer GeographyGlobal with Chinese consumers
Transaction CurrenciesLocal currency
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Alipay
Payment Method TypeWallet
Relevant Payer GeographyGlobal with Chinese consumers
Transaction CurrenciesLocal currency
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DANA
Payment Method TypeWallet
Relevant Payer GeographyIndonesia
Transaction CurrenciesIDR
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TNG
Payment Method TypeWallet
Relevant Payer GeographyMalaysia
Transaction CurrenciesMYR
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GCash
Payment Method TypeWallet
Relevant Payer GeographyPhilippines
Transaction CurrenciesPHP
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Sofort
Payment Method TypeBank transfer
Relevant Payer GeographyMultiple European countries
Transaction CurrenciesCHF,EUR,GBP,PLN
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TrueMoney
Payment Method TypeWallet
Relevant Payer GeographyThailand
Transaction CurrenciesTHB
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Octopus
Payment Method TypeWallet
Relevant Payer GeographyHongkong
Transaction CurrenciesHKD
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FPS
Payment Method TypeWallet
Relevant Payer GeographyHongkong
Transaction CurrenciesHKD, CNY
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Pix
Payment Method TypeBank transfer
Relevant Payer GeographyBrazil
Transaction CurrenciesBRL
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Expand your international market by accepting locally-preferred payment options. Let your consumers shop globally and pay locally!
A wider selection of payment choices leads to greater customer spending. More payment options means more sales.
Reduce shopping cart abandonment with one button that reduces the number of keystrokes needed to checkout.
