eps
The main bank transfer payment method in Austria is eps, developed jointly by Austrian banks and the government, enabling consumers to pay securely for online purchases using their own trusted online bank. With 83% of Austrians shopping cross border and bank transfer one of the preferred payment methods in Austria (PPRO Almanac), eps is a critical payment method in the DACH region. Every transaction is guaranteed by eps.
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Get in touchWhy eps
With 15-18% market share, eps is one of Austria’s most popular payment methods (PPRO Almanac). It is also the official payment method for the Austrian e-government.
According to eps, over 80% of online merchants in Austria accept it.
With eps and giropay interoperability, and no additional technical effort, Austrian merchants can also receive giropay payments from German customers.
Specifications
Coverage
Currencies
Features
How it works
Consumer reaches online checkout and chooses eps as their preferred payment method
The consumer chooses their bank for payment
The consumer is redirected to their online banking site and logs in to con rm the transaction
Payment is con firmed