08 Dec Current trends in ePayment
Something is happening in ePayment: Mobile payment is gaining in importance and SEPA Instant Payments will continue to fuel this trend in this country. Banks in this country are currently also using their own payment apps for smartphones. Here, the NFC in smartphones is accessed and then paid directly at the POS with the smartphone. You can save your bank or credit card as a source of payment. Most apps are currently only offered for Android, as Apple has not yet released the NFC chip for applications that require write access. However, some collaborations on the part of Apple have already been announced in order to establish Apple Pay on the German market.
Google Pay is already available and customers, for example comdirect or N26, can already pay with Google Pay. Google has already released NFC on its Android devices. The trend towards mobile payment solutions will probably continue to expand and it is obvious that in the not too distant future we will be using our smartphones as a completely normal means of payment.
However, the simplest and cheapest payment method is still direct debit. If dealers and customers act “cleanly”, no discounts are payable. The payment appears transparently in the customer’s account transactions and can easily be retrieved within a few weeks as an objection. Of course, this requires the end customer to have a suitable credit rating. Like all increasing compliance requirements, this is provided by the creditPass interface. And precisely in the intensity that the retailer needs.