Types of Prepaid Card Programs

Types of Prepaid Card Programs

The way to accept instant guaranteed online payments by your customers in Germany

Consumer advantages

• Instant payment of desired product from the consumers personal online bank account.
• Secure alternative to other online payment methods
• No registration required for the consumer
• No additional costs for the consumer
• Excellent user convenience with pre-filled forms
• High security through two-stage PIN and TAN procedures
• Direct customer control over the payment transaction

Merchant /Program manager advantages

• No charge backs or debit risk as funds are authorised via secure PIN and Tan procedures.
• Payments can not be revoked
• Increase in sales due to extension of customer payment means.
• Convenient and readily accepted by consumer(500+ merchants)
• Quicker and more secure payments, usually credited to account within one business day.
• No payment reversal costs
• Quick, risk-free transaction process in a secure environment
• Simple integration into existing shop

Transact Network Limited is a member of the Giropay acquiring network