If you’re a merchant, you know how much time and money it costs to match incoming payments with orders. Not to mention the headaches when customers pay to little or too much. With the micropayment™ system, everything is fully automated. The system constantly monitors your account transactions and immediately responds to each new event. The system automatically matches incoming transfers to purchases and then provides notification to you.
Using a sophisticated algorithm to match payments, our fully automated system processes 100% of all incoming bank transfers. The system also constantly monitors itself. Overpayments are transferred directly back to the customer and the system automatically notifies customers of underpayment by e-mail. It all takes care of itself so you can give your full and complete attention to running your business.
Bank transfer processing has a reputation for being slow as all incoming payments have to be verified by hand. The micropayment™ bank transfer system works at light speed – incoming payments are immediately matched to purchases, without any delay. This means that when payments take place between accounts in the same routing-number group, often only a few minutes are required between purchase and payment confirmation.
Transparency is vital – and not just when it comes to windows. Particularly when the subject is money, no one wants to be in the dark. The micropayment™ system always keeps both the customer and merchant fully informed. Customers are kept up-to-date on their payment status by e-mail and on the status page at all times. Meanwhile, merchants can always review payment details from their account. The merchant also receives server notifications for all events.
With no payment cancellations and 100% payment without debit reversals, our system is practically as good as payment in cash at the register. This allows you to reliably plan your finances.
Because our system is so highly automated, we can offer you unbeatably low prices. A fee of only 0.99% of the customer purchase total applies. Our fees are also limited by a cost cap. Whether the customer makes a 1,000 euro purchase or a 10,000 euro purchase, you always pay only a maximum 5 euros per transaction.
Studies have consistently shown that offering a variety of payment methods significantly increases online shop revenue. With the micropayment™ bank transfer system, now you can offer your customers an innovative, quick and secure payment method. The payment windows are designed for simple conversion and are extremely easy to use.
always cancellation free
Overpayments and unassignable payments are automatically transferred back to the customer. In addition, the customer gets an individual status page for every purchase. The page displays all the relevant information about the purchase and the bank transfer.