Instant Bank Transfer
Apart from credit cards, YuuPay payment solution offers Instant Bank Transfer (IBT) services. IBT is a payment option that allows a customer to make payments using their online or internet banking function.
IBT is special in a way that:
- :: It enables customers to perform payments online without using a credit or debit card.
- :: It is integrated directly with more than 45 banks in more than 35 countries and the list is still growing.
- :: ZERO chargebacks and the fees are significantly lower than credit cards.
- :: It provides a multi-language and multi-currency solution.
The key benefits brought by Instant Bank Transfer to merchants are:
- :: Global exposure
- :: No chargebacks
- :: Reaching customers who are not credit card holders
- :: Easy to implement
- :: Low transaction fee
IBT service creates value for eCommerce businesses by increasing sales with low risk.