Belgian bank launches European payment, Dutch rollout to follow later – IT Pro – News

This pending account with payment processors exists so that they can act as a trusted third party.

The merchant first requests a reservation (payment request), after which the user makes the payment. The merchant then receives confirmation that the payment is ready, at which point he can start the internal logistics of preparing the product, scheduling services, etc. If this is successful, he can collect the payment (payment capture).

They don’t do this because, for whatever reason, booking a last-minute order is not possible, perhaps because, for example, Just If the stock runs out during checkout, they can release the hold and the payment processor will refund the money to the consumer’s account. If the merchant fails to do so, the payment processor will usually release the hold after 24 to 48 hours and the consumer will then receive a refund.

In this setup, the consumer is assured that if something goes wrong with the merchant’s systems, they will not lose their money. Does the merchant guarantee that they will get their money before they have to book a product or service? (Very important, for example in the world of travel, where many products simply cannot be cancelled.) The merchant has done this. never It needs to know the specific billing information of the consumer, regarding all kinds of safety standards. Data processing is useful again.

So the entire contra account system will be added. all Payment Processor – Okay; all efficient Payment processor – just stay put. Also on Wiro.

What I wonder about the whole Wero story is:
It’s the phone here; the phone there. The bank app here; the bank app there.
But what if you don’t have a smartphone, or Wants Use it with the banking app?
What if you only want to pay via your desktop computer through your online banking environment, as is possible with iDeal? Wero would be a huge miss if that option disappeared…

[Reactie gewijzigd door R4gnax op 3 juli 2024 15:28]