As a payment service provider, we cover all common global and local payment methods as well as alternative payment methods. Using our technologically advanced payment systems, your customers can pay online just as easily and securely as they do in a store. The payment process is considerably simplified by a payment platform that is uniform in its user interface. This creates trust and acceptance. This minimizes payment abandonment and increases conversions and revenues.
Below you will find an overview of the individual payment options and the process of payment with the respective means of payment. Should you have any further questions, please do not hesitate to contact us. We support you in every phase of the integration of the payment methods and the organisation of the respective acceptance contracts.
Online shopping is enjoying great popularity and year after year e-commerce sales are growing. If you also run an online shop or offer services online, or even just think about it, you have to ask yourself which payment options you want to offer your customers. One thing is certain: The more payment methods available, the higher the probability of an online order and the lower the dropout rate.
Payment by credit card is enjoying great and increasing popularity and is therefore one of the most common payment methods in shops. With 3D Secure functions, such as MasterCard SecureCode or Verified by Visa, users can pay securely. The risk of a chargeback or non-payment is extremely low for credit cards with additional security mechanisms.
In addition to credit cards, there are numerous other payment methods that vary in popularity depending on the country. Here you get an overview of the payment systems available on the market for e-commerce.
A multitude of connections
More than 1,000 acquirers and financial institutions
With more than 1,000 acquirers and financial institutions, we have the largest network in payment! No matter in which area your company is active or how your customers want to pay, whether with credit card, Paypal or other payment services – VIVEUM is the right payment provider for your e-commerce company. Enjoy the benefits of a provider that will help you manage your ideal mix of payment methods.
SEPA direct debit
The SEPA direct debit scheme is also a very popular payment method for transactions on the internet. The customer informs the merchant of his bank details and the merchant can then debit open invoice amounts from the customer’s account. Since the customer has the option to cancel the payment even if the goods have already been delivered, there is also a risk of collection costs or non-payment with this payment system.
Payment methods such as “giropay”, “eps” or “klarna pay now” are based on the fact that the customer must immediately make an online transfer from his bank account during the ordering process in order to complete the transaction. These payments actually cannot be reversed because the customer actively carries out the transfer himself via his online banking system. The risk of non-payment is therefore very low in this case. In any case, you should offer the payment method “bank transfer” in your online shop, in order to offer customers without credit card a comfortable and safe payment possibility.
Alternative payment methods and andwallets
Electronic wallets such as PayPal have also developed into an indispensable online payment system. PayPal offers buyers the greatest possible convenience when paying on the internet. The actual payment details, whether it is the bank account or the credit card, are not provided to the online merchant. Buyers only pay with their e-mail address and enjoy extensive buyer protection. PayPal should not be missing as a secure payment method in your online shop.