Open banking
Open banking streamlines real-time, direct bank payments across Europe
Open banking
API
revolutionizes transactions by enabling real-time account-to-account payments. It standardizes domestic real-time payment systems and provides a unified access point, allowing merchants to facilitate fast, direct bank payments.
Customers gain the convenience of accessing their bank accounts directly from the checkout page to initiate payments. Countries Europe (EU)
Currencies Euro (EUR), British Pound (GBP)
Min amount Bank dependent
Max amount Bank dependent Recurring No
Refund Yes
Partial refunds Yes
Multiple partial refunds Yes
Chargeback No
Customers gain the convenience of accessing their bank accounts directly from the checkout page to initiate payments. Countries Europe (EU)
*In Sweden, Denmark and Norway, a local bank account is required to receive funds/settlements. Please contact your account manager for more information.
Currencies Euro (EUR), British Pound (GBP)
Min amount Bank dependent
Max amount Bank dependent Recurring No
Refund Yes
Partial refunds Yes
Multiple partial refunds Yes
Chargeback No
Principle of operation
- Checkout initiation: The customer selects Pay by Bank
payment_method:openbanking at checkout. - Checkout page redirection: The customer is redirected to the checkout page.
- Bank selection: The customer chooses their bank from the provided options.
- Payment confirmation: The customer authorizes the payment in their banking app.
- Payment status: Payment can receive one of
Guide
Understand payment states and types to implement correct business logic. several statuses :approved/declined/settle_pending
- Payment status: Payment can receive one of
Guide
- Transaction completion: Solidgate sends a message to the merchant confirming the transaction's outcome upon receiving the payment result.
For testing purposes, select OBIE Mock Bank on the checkout page.
Store payment method
If the customer selects Pay faster next time=
YES
, the desired Bank is saved for quicker transactions in the future. This is applicable if the merchant records the same customer_email for initial and subsequent payments.
Store bank via first payment.
Pay via stored bank for subsequent payment.
Payment processing times
Open banking payments are designed to be processed instantly whenever possible. However, some banks may not support instant payments or may opt to use a different payment scheme than requested. As a result, not all payments initiated through open banking are guaranteed to be instant.
Button display requirements
Each country’s specific payment methods and descriptors ensure a smooth and secure transaction experience.
Specific payment methods and descriptors for each country ensure a smooth and secure transaction experience.
| Country | Payment method (name, choose one of) | Optional payment descriptors (choose one of) |
|---|---|---|
| UK | Pay by Bank (recommended as default payment method name) | A faster, more secure way to pay. |
| Fast, easy, secure. No card needed. | ||
| Securely check out directly from your bank account. | ||
| Germany | Echtzeitüberweisung | Eine schnellere und sicherere Art zu bezahlen. |
| Schnell, einfach, sicher. Keine Karte erforderlich. | ||
| Bezahlen Sie sicher direkt von Ihrem Bankkonto. | ||
| Netherlands | Bank Betaling | Een snellere en veiligere manier van betalen. |
| Snel, gemakkelijk, veilig. Geen kaart nodig. | ||
| Betaal veilig rechtstreeks vanaf uw bankrekening. | ||
| Spain | Transferencia Online | Una forma de pago más rápida y segura. |
| Rápido, fácil, seguro. No se necesita tarjeta. | ||
| Pague de forma segura directamente desde su cuenta bancaria. | ||
| France | Paiement Bancaire | Un moyen de paiement plus rapide et plus sécurisé. |
| Rapide, facile, sécurisé. Aucune carte nécessaire. | ||
| Payez en toute sécurité directement depuis votre compte bancaire. |
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