EPS

EPS (electronic payment standard) is an online transfer system developed jointly by the Austrian banks and Government. It provides a simple and secure process of online payments to millions of users in Austria. Benefits include:

  • Guaranteed payment
  • All Austrian banks supported
  • Fast settlement

How it works

 

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Select EPS

Shopper chooses EPS from the list of payment methods.

 

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Select bank

Shopper selects bank from the list of options.

 

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Enter bank details

Shopper is redirected to the bank environment and enters bank details.

 

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Confirm payment

Shopper confirms the payment.

 

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Confirmation page

Shopper reaches the confirmation page and is redirected back to the merchant's site.


Accept EPS with Adyen

Adyen offers a full-service EPS solution, including all reconciliation, reporting and settlement services. With Adyen, merchants have no need to enter into contracts with EPS acquiring banks.

Market

Europe: Austria

Settlement currency

EUR

Channel Ecommerce
Processing currencies EUR
Recurring transactions Yes
Refunds Yes
Multiple partial refunds Yes
Settlement delay 2 days

Different commissions apply depending on the payment method.

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