MyBank (Sepa Credit Transfert)
MyBank is an online payment service promoted by the EBA Clearing and supported by major European banks.
MyBank is a solution designed to facilitate the use of online SEPA payment instruments in the operations of e-commerce and e-government. It is based on an operational mode that conveys electronic authorizations (e-authorization), on payments for e-commerce, through the SEPA Credit Transfer Scheme.
MyBank allows the online seller to provide immediate confirmation of the credit transfer order. The payment details of the purchase will be automatically displayed on the online banking system of the own bank and the customer can confirm the details of the transaction authorizing the credit transfer. The buyer electronic authorization will be considered irrevocable immediately allowing the shipment of goods or the provision of the service.
MyBank follows the specifications of the Protocol XML Hosted 3DSecure, once activated from your back office, the MyBank button is displayed on the the Gateway checkout page along with the other methods such as card payment.