- Overview
- Countries & currencies
- Integration
- Process flows
- Testing
- Additional information
- Consumer experience
- Reporting
- FAQ
FAQ
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How are open banking payments different from card payments?
As there are no scheme or interchange fees, open banking dramatically reduces the cost of payment acceptance. Additionally, there are no chargebacks as this feature is not provided by open banking, eliminating the need to hold reserves.
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Is it safe to make payments with Worldline Account-to-Account?
It's highly secure. Since your consumers don't manually enter or share their card or bank account information during checkout, there's no risk of it being targeted. Moreover, payments are initiated within the user's online banking environment, ensuring they benefit from bank-grade security measures.
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How do Worldline Account-to-Account payments work?
This solution allows you to skip using cards and securely pay directly from your bank account. Just select "Pay by Bank" at checkout, choose your bank, and you'll be securely redirected to your banking app (or online banking on desktop) to approve your payment.
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Do I need to register with the open banking solution partner Volt?
No, registration with Volt is not required to use Worldline Account-to-Account Payments payments
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Does Worldline Account-to-Account offer instant settlement?
Yes, Worldline Account-to-Account Payments provides instant settlement notification upon receiving funds from the chosen bank. The settlement speed will depend on the selected bank, with a significant number of EU banks enrolled in SEPA Instant (SCT Inst), and this number is increasing.