E-commerce from Raiffeisenbank provides you additional benefits and services. You can also obtain our other products related to card acceptance on the Internet.
By signing an agreement on payment card acceptance on the Internet with Raiffeisenbank, you will join a worldwide network of card associations. Whether you are a new or an established company, you can immediately enjoy benefits related to payment card acceptance. Compared to existing methods of payment card acceptance over the Internet that do not use any security mechanisms other than SSL encryption, this method offers high security to both the cardholder and the merchant.
Customers who pay by card spend more than those who pay in cash. Moreover, they often choose more expensive goods because they compare prices with those in brick and mortar shops.
Customers are more satisfied because they use a preferred payment method they know from brick and mortar shops. If you allow your customers to pay by card, they will prefer your business and will be more likely to return. The implementation of additional services can further increase their convenience.
We operate e-commerce payments in cooperation with GPE (Global Payments Europe) and employ the most secure standards established by the VISA and MasterCard card associations. These standards are collectively known as 3D Secure and associations present them under the brands Verified by VISA (VBV), MasterCard SecureCode, and Diners Club International ProtectBuy. In simple terms, merchants do not have access to customers’ card information. If the issuing bank also supports 3D Secure, the cardholder is authenticated during the payment transaction.
The Multicurrency service lets you clear all payments in the currency you normally use in your business. You do not pay any conversion fees. Moreover, card payments are more advantageous for foreigners than cash.
The GP webpay payment gateway supports MasterCard Mobile and MasterPass – secure and universal payment methods with cards guaranteed by MasterCard. These methods can be used with all business partners of Raiffeisenbank who have an Internet payment gateway by Global Payments Europe (a partner of Raiffeisenbank). These methods will be automatically displayed at these shops to clients who specify that they wish to pay by card.
To use MasterCard Mobile and MasterPass, you need an application for mobile devices with iOS and Android that can be downloaded free of charge at Google Play and the App Store.