In-store Account Based Payment

A convenient and secure payment method relying on PSD2 Payment Initiation Service 

In-store account based payment

is a new way to pay for products in physical shops. Based on a credit transfer, it allows to pay at the terminal without the use of plastic cards or the involvement of other domestic or international schemes.

All that customer need is tap a phone on a terminal (for NFC) or scan a QR code, confirm a payment and enjoy it’s shopping.


In-store Account Based Payment which benefits ?

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For consumers

Seamless shopping experience

Full control of the payments

Data security and data protection

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For merchants

High conversion rate

Low processing costs

High security and fraud reduction

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For Payment Service Providers

New markets and customer segments

Low processing costs

Support omni-channel approach

Customer journey

The best user experience plays an important role for the optimal conversion rate of the shopping event. The payment step is optimised for the appropriate sales channel (online or instore) and is strongly supported by the usage of the mobile device.

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