The e-wallet MyBank enables consumers to pay directly from their online banking through an immediate bank transfer – with the highest security and transparency standards.
MyBank is a flexible solution for both B2B and B2C businesses: over 210 banks and PSPs have joined the MyBank network throughout Europe.
In Italy, this method’s core market, just 44% of consumers have a credit card. This underscores the importance of supporting alternative payment methods.
The benefits of supporting bank transfer in Italy
- Just 44% of Italians have a credit card but 84% have an Internet connection
- Italians pay for US$4bn of annual online purchases with bank transfers each year.
- Over the next five years, the Italian e-commerce market will almost double in size.
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The friendly folks in our Sales Team will be happy to help, whether you’ve got a question about an e-commerce market or want to know more about what we can do for your business.