Offering Pay by Bank (also called open banking payments) can really improve conversion rates because a lot of customers feel more comfortable paying straight from their own bank app without entering card details. It’s usually faster and has much lower transaction fees than traditional cards, which is great for both the seller and the buyer. The setup isn’t always straightforward though, especially if you sell across multiple EU countries. A friend who runs an online shop recently added this option and saw a noticeable drop in abandoned carts. He mentioned this Pay by Bank solution that integrates quite easily Fenige : https://www.fenige.com/products/pay-by-bank-account from Fenige. Might be worth checking if you’re looking for a reliable European provider.
Offering Pay by Bank (also called open banking payments) can really improve conversion rates because a lot of customers feel more comfortable paying straight from their own bank app without entering card details. It’s usually faster and has much lower transaction fees than traditional cards, which is great for both the seller and the buyer. The setup isn’t always straightforward though, especially if you sell across multiple EU countries. A friend who runs an online shop recently added this option and saw a noticeable drop in abandoned carts. He mentioned this Pay by Bank solution that integrates quite easily Fenige : https://www.fenige.com/products/pay-by-bank-account from Fenige. Might be worth checking if you’re looking for a reliable European provider.