More Payment Methods

EPS

Bank Transfer

The main bank transfer payment method in Austria is eps, developed jointly by Austrian banks and the government, enabling consumers to pay securely for online purchases using their own trusted online bank. With 83% of Austrians shopping cross border and bank transfer one of the preferred payment methods in Austria (PPRO Almanac), eps is a critical payment method in the DACH region. Every transaction is guaranteed by eps.

EPS

Features

  • Coverage Area
    Customer
    Austria
    Merchant
    Global
  • Channel
    Online
  • Currency
    Consumer Currency
    EUR
    Processing Currency
    EUR
    Settlement Currency
    EUR
  • Transaction
    Minimum Limit
    EUR 1.00
    Maximum Limit
    EUR No limit
    Payment Timeout
    1 hour
  • Feature
    Scheduled Payment
    no
    One-click Payment
    no
    Refunds
    yes
    Partial Refunds
    yes
    Multiple Partial Refunds
    yes
    Payment Guarantee
    yes
    Refund Risk
    no

Why ChooseEPS

  • With 15-18% market share, eps is one of Austria's most popular payment methods (PPRO Almanac). It is also the official payment method for the Austrian e-government.

    With 15-18% market share, eps is one of Austria's most popular payment methods (PPRO Almanac). It is also the official payment method for the Austrian e-government.

  • According to eps, over 80% of online merchants in Austria accept it.

    According to eps, over 80% of online merchants in Austria accept it.

  • With eps and giropay interoperability, and no additional technical effort, Austrian merchants can also receive giropay payments from German customers.

    With eps and giropay interoperability, and no additional technical effort, Austrian merchants can also receive giropay payments from German customers.

How It Works?

  • Consumer reaches online checkout and chooses eps as their preferred payment method.
    Merchant

    01

    Consumer reaches online checkout and chooses eps as their preferred payment method.

  • The consumer chooses their bank for payment.
    Payment Methods

    02

    The consumer chooses their bank for payment.

  • The consumer is redirected to their online banking site and logs in to confirm the transaction.
    Online Banking

    03

    The consumer is redirected to their online banking site and logs in to confirm the transaction.

  • Payment is confirmed.
    Merchant

    04

    Payment is confirmed.

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