Computop Instant Payment – The reinvention of advance payment
With our new payment method Computop Instant Payment you enjoy all the advantages of classic advance payment – without its usual disadvantages. We can also provide Computop Instant Payment as a white-label solution with your brand.
No more complicated logins and advance registrations: Buyers only must enter their online banking login details in the protected Computop environment of the checkout - transferring money has never been easier!
Uniform, error-free payment references enable precise and automated matching of incoming payments. Finally, no more searching for the needle in the haystack!
We can offer you Computop Instant Payment as a white-label solution. You can change the payment method's name and establish it as your own brand in your corporate design.
Prepayment offers you as a merchant an outstanding advantage: you receive your money irrevocably even before you ship goods or perform services. However, you often pay the price in accounting: Incorrect reference information or amounts make it difficult to match and book incoming payments. In addition, many buyers are reluctant to fill out a remittance slip or switch to online banking.
Computop establishes a secure connection to your buyer's online banking directly via the store checkout. The buyer only must enter the login data of his online banking within the checkout flow. Disruptions in the user experience disappear as the conversion rate increases.
All data relevant to the transfer, such as recipient account, name, and reference, are automatically transferred to the buyer's bank for execution; this saves the buyer time and prevents transmission errors that could arise from manual filling.
Select payment method
Your customer selects "Payment by Computop Instant Payment" at the checkout. If desired, you can also offer your own payment brand as a white-label solution.
The customer selects a bank through which he wants to process the payment. Depending on the region in Europe, up to 97 percent of all end customer banks can already be used with Computop Instant Payment.
The buyer is redirected to his mobile banking app, with whose look and feel he is already familiar.
The user logs into their mobile banking app with facial or fingerprint recognition.
The buyer checks and approves the payment in their mobile banking app.
The payment is successful. The buyer is automatically redirected back to the merchant.
In the merchant's store, the customer receives confirmation of the successful purchase.
Computop Instant Payment is based on a so-called payment initiation service provided by our technology partner Token.io. Via an interface (Open Banking API), the service communicates directly with the customer's bank and triggers the transfer.
Yes, it's secure. The provision of payment initiation services is subject to the strict requirements of the European Union's Payment Services Directive 2 (PSD II). Our technology partner Token.io is continuously audited and certified accordingly by the relevant regulatory authorities.
Like Computop Instant Payment, girocard and Klarna Sofort follow the same technical principle of a payment initiation service. However, using Computop Instant Payment has several advantages for you and your customers.
1. higher range
Computop Instant Payment allows your buyers to make account-to-account payments in 15 countries, making it ideal for European cross-border commerce.
2. seamless checkout experience
Computop Instant Payment is available to you as a white-label product; you can customize the name of the process and the appearance of the user screens to your own corporate design. The buyer thus faces a seamless checkout experience.