Limonetik, PayWithMyBank to bring online banking epayments to European ecommerce

Friday 11 May 2018 09:54 CET | News

Limonetik has partnered with PayWithMyBank to open new opportunities for European businesses seeking to accept online payments from US customers.

Similarly to iDeal in the Netherlands, Giropay and Sofort in Germany, and Trustly in Sweden, PayWithMyBank is an online payments service that enables a US customer to pay a merchant with their online banking ID and password.

To make a payment, the customer signs into their bank in a secure window within the e-commerce merchant website or app, chooses the specific account they want to use for the payment, and confirms. The solution supports one-time payments, subscriptions, installments, and payouts. Payments are settled over ACH (Automated Clearing House), the US bank-to-bank funds transfer network.

For more information about Limonetik, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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Keywords: Limonetik, PayWithMyBank, online banking epayments, Europe, ecommerce
Countries: World