Accept online Wire Transfer payments
Online bank transfer transactions: Introduction
Payments by bank transfer mean ease of payment all over the world. In addition to the various credit cards available, bank transfers are the ultimate method of arranging international payments. It is also an important method of payment frequently used for products ordered online within the Netherlands. The bank transfer is a method of payment that is not executed automatically. Since not everyone uses online banking (yet) (and they therefore do not have access to the iDEAL system), and because some people prefer to decide themselves when and how they pay, offering this payment method is a great solution.
Accept Wire Transfer payments on your site: How to
It is simple. Basically, you have to follow the same procedure for any payment method:
Online bank transfer transactions: Advantages and possibilities
By offering bank transfers as a method of payment in your webshop, you will reach a group of consumers who are more comfortable making their payments manually. These consumers may prefer this since they do not have access to online banking, or because they do not feel safe disclosing their bank details online. In addition, this method allows consumers to determine when they execute the payment. For some people, this is a reassuring thought. Not only is this traditional method of payment still used frequently in the Netherlands, the bank transfer is also a commonly used payment method internationally when it comes to paying for online products and services.
The advantages of bank transfers for your webshop:
- Make worldwide payments possible;
- Traditional payment method, thus accessible for consumers who prefer manual forms of payment;
- Consumers are free to choose when and how they pay;
- No risk of chargebacks.
Online bank transfer transactions: How it works for customers
Once you have implemented ICEPAY in your webshop, you can, depending on the type of account you choose, decide to offer bank transfers as a payment method.To pay, all your customers (consumers) have to do is:
- Choose a product in your webshop;
- Choose bank transfer as the payment method;
- Fill in the required address details;
- Transfer the amount due by bank transfer;
- And: execute payment.
Pay special attention to the possibility that when paying by bank transfer, there is a risk that consumers will fill in certain details incorrectly (amount or payment reference), which can create problems with the link to our records system. This can result in additional administrative work for ICEPAY, extra costs and a delay in payment. For bank transfers originating outside of the Netherlands, the consumer must also fill in IBAN and BIC codes (except for France, the UK, Germany and Belgium).
This payment method is available in:
|Connection costs||-||-||None||On request|
|Transaction costs||€ 0,45||€ 0,40||€ 0,35||On request|
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