Originally Posted by SASCHA WINKLER

Hi Guy,

there are hundreds of payment companies outside. And all of them having their pros.

BUT: there are only a few payment methods (Credit Card, sofortbanking (online wire), Direct Debit (ELV), mobile payment, eWallets...).

So, out of my point of vew:

Depends on users country you have to serve, you should think about accepted and lived payments in those countries --> local alternative payment options. For example Germany:

Population: ~ 83 Mil
Credit card penetration: ~ 20%
Bank account penetration: ~ >80%
Mobile payment: ~ > 100% (Note: The payouts ~60% has to fit with your biz model)

So it seems to be that sofortbanking (online wire) and / or Direct Debit (ELV) - both based on Bank accounts - are more interesting than credit cards in Germany.

SOFORT.com is around since years. Your professional partner in alternative payments. We do offer instant online wire, direct debit (ELV) and age verivication.

Hit me up whenever you wanna talk about increasing european turnover without raising traffic.


Cheers,
Sascha