POLi is an online banking method offered in Australia and New Zealand. Benefits include:
Shopper chooses POLi from list of payment methods.
Shoppers select their bank in the POLi environment.
Shoppers login with their online banking credentials.
Shopper selects the bank account to be used for the transaction.
Shopper confirms the payment (can be skipped).
Shopper reaches the confirmation page.
Adyen offers a full service POLi solution, including all reconciliation, reporting and settlement services, which means merchants don't need to enter into contracts with POLi acquiring banks.