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
Select EPS
Shopper chooses EPS from the list of payment methods.
Select bank
Shopper selects bank from the list of options.
Enter bank details
Shopper is redirected to the bank environment and enters bank details.
Confirm payment
Shopper confirms the payment.
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 |
Pricing
We charge a processing fee + payment method fee per transaction.
Commission per transaction, may differ per region.
Different commissions apply depending on the payment method.
The Adyen platform supports all key payment methods globally.