How A Merchant Payment Processor In Europe Works?
Payfasto offers revolutionary solution for processing payments by merchants in Europe. Our platform enables any merchant to accept online payments from any bank, credit card, and other payment methods.
Our solution is designed to be highly scalable so that it can grow as the merchant’s business grows, while providing the merchant with an easy-to-use interface, cost effective infrastructure and important security features.
Payfasto Payment Channels
We are offering a variety of payment options, including credit cards, debit cards, prepaid cards, local payment methods, and crypto-payment solution to enable you to accept payments from your customers.
You don’t have to invest in any additional hardware or software to process online payments or develop new payment gateways. Instead, you just need a merchant account with Payfasto and pay only for the services you use.
Businesses are always looking for ways to improve the efficiency and reduce the costs of payment processing. Payfasto is a global merchant payment processing solution that optimizes processing costs and provides a high-quality service. Different types of payment methods are available with Payfasto.
Point of Sales (POS) is the most common location for payment processing. A POS pays the merchant who accepts it, either in cash or by electronic transfer. It’s important to keep in mind the size of your business and the limitations of the POS setups you’ll need to use with Payfasto.
Credit Cards: The most common and straightforward way for merchants to accept payments in Europe is through credit cards as this is how most people pay for things online these days. This method allows anyone with a credit card to send money directly from their bank account into their merchant account. This method works well if there are no restrictions on the amount that can be sent from your bank account into your merchant account.
Debit Cards: When compared with credit cards above, debit cards allow merchants to conduct transactions based on a pre-set amount which has already been decided by both sides prior to making any type of payment transaction at all. This gives merchants more freedom on receiving payments.
Local Payment Methods: Popularity of this payment method is on the rise, as this method is comparatively cheaper and supports local currencies. Payfasto’s partners in this channel includes Klarna, SEPA Express, Sofort, GiroPay, iDeal, etc.
Cryptocurrency Payments: As cryptocurrency is on the rise, Payfasto offers solution for merchants to be able to get paid in cryptocurrency by their customers.
Pay by Link: This is an easy-to-use solution where merchants can send payment link to customers via SMS, social media, email, etc.
Pricing Information and Fees
When it comes to merchant payment processing, there are several reasons why you should be exploring Payfasto. We charge our merchants reasonably and only for the services they use. All our fees are mentioned upfront, and there’s no hidden fees. All the pricing offers are tailored according to service requirements of merchants. Our payment gateway is easy to integrate and use. And sales is not all that we do – our after sales support is available 24/7 to all our merchants.
All in all, merchant payments may seem complicated at first glance, but they don’t need to be if you go with the right payment processor. And if done right, you can save a lot of time and money.
If you have any questions about merchant payments processing or would like to start your merchant account right away, click HERE to contact us now.