Watch Out for Account-based Payments:
New Shopping Experience for Physical Stores
featured in The Paypers
The new PSD2 banking APIs enables payment service providers to offer account-to-account payments based on SEPA credit transfers to all types of beneficiaries. This new way of paying for goods or services has just started to take off and find its way into online and physical stores. Especially, in physical stores, it improves the user experience and reduces the risk and costs for the merchant. But there are also some challenges to be managed.
Download this report to learn about the benefits and challenges of account-based payments for consumers and merchants compared to traditional payment methods.