MyBank enables online shoppers to initiate SEPA Credit Transfers via their regular online or mobile banking interface without the need to disclose their personal bank account or payment details to any third parties. MyBank is an electronic authorisation solution that makes it easier and safer to sell and buy goods and services over the Internet all across Europe. MyBank enables customers to pay for their online purchases via their regular online banking environment or the payment application of their payment service provider. The solution is open to all authorised payment service providers in the Single Euro Payments Area (SEPA) including, without limitation, credit institutions and payment institutions. MyBank is geared at supporting the initiation of e-payments via the SEPA instruments. The solution is expandable and may at a later stage also be used for transactions in other currencies or for e-identity services. MyBank has been developed by EBA CLEARING, which also manages the solu
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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
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MyBank enables online shoppers to initiate SEPA Credit Transfers via their regular online or mobile banking interface without the need to disclose their personal bank account or payment details to any third parties. MyBank is an electronic authorisation solution that makes it easier and safer to sell and buy goods and services over the Internet all across Europe. MyBank enables customers to pay for their online purchases via their regular online banking environment or the payment application of their payment service provider. The solution is open to all authorised payment service providers in the Single Euro Payments Area (SEPA) including, without limitation, credit institutions and payment institutions. MyBank is geared at supporting the initiation of e-payments via the SEPA instruments. The solution is expandable and may at a later stage also be used for transactions in other currencies or for e-identity services. MyBank has been developed by EBA CLEARING, which also manages the solu
F-75008
Main Phone Number | + 33 (0) 1 53 67 07 00 |
Main Fax Number | + 33 (0) 1 53 67 07 07 |
clearing@abe-eba.eu |
Website | https://www.mybankpayments.eu |
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