Alternative Payment Solutions

Earn Revenues Even Without Credit Card Processing

Euro Payment Group is aware of the fact that credit card penetration for countries outside of north America is not well established. International customers tend to prefer different payment alternatives such as Euro Direct Debit and Direct Pay solutions. Today’s marketplace has evolved to a global economy and factors such as multiple currency processing along with the integration of alternative payment solutions have become crucial to remaining competitive. EPG took measures and added several alternative payment solutions to it’s payment processing portfolio in order to meet this growing demand.

The following listing provides a brief overview of the available payment alternatives which can be added to your billing solutions:

Euro Direct Debit

Euro debit is the most widely used billing method for European countries. The collection of funds works similar to ACH. The authorized funds are withdrawn directly from the customer’s bank account with the option of recurring billing.

ACH / CHECK21

ACH and Check21 are electronic networks for financial transactions within north-America. These two alternative payment solutions are the perfect addition for domestic credit card processing. An integration of these payment solutions will reduce the overall cost of check and credit card transmissions by lowering the amount of NSF’s/declines and chargeback’s, while enabling merchants to receive funding faster. Here is a summary of the main advantages:

Same day fund availability
Merchant to bank transactions
Nower nsf's transactions
Lower chargeback ratios

Sofortüberweisung

Sofortüberweisung is a direct wire system that allows customers to use their Internet banking facility to pay for purchases online just as they do with a credit or debit card. This payment gateway is available to 17 million German bank account holders and is entirely chargeback free.

Please contact us today if you bear a general interest in our alternative payment solutions.