IRISPay, A2A payment from IRIS Solutions, is now available in SAP Commerce Cloud. IrisPay saves up to 60% of transaction costs, improves liquidity and increases customer conversion. The method is the preferred method of payment on platforms such as Sofiyska voda, Framar.bg, Drugstore, Ebag, Credissimo and more than 300 merchants in Bulgaria.
The main advantages of IRISpay:
Efficiency - you save up to 60% of the costs of accepting digital payments. In essence Pay by Bank is a simplified payment from the customer's bank account to the merchant's bank account without the need to involve expensive card schemes
Improving liquidity - Payments are made through instant payments (up to 10 seconds) or within a standard bank transaction
Customer Convenience - Customers pay with a few clicks from different accounts without entering sensitive financial data or installing additional software
No need of a receipt - as the payment with IRISPay is an A2A payment – from customer's bank account to the merchant's, it does not require the issuance of a receipt
A ready-made solution for the integration of SAP Commerce Cloud platforms - the solutions developed by Novarto
How to pay with IRISPay - Demo https://youtu.be/5P4LWxMT5JM
If you want to add IRISPay as a payment method, contact us now!
More about Iris Solutions IRIS Solutions
IRIS Solutions is a licensed payment institution regulated by the BNB - licensed as a European Payment Service Provider (PSP) in accordance with the Second Payment Services Directive (PSD2). The license entitles the company to provide payment services for initiating payments and services for providing account information. IRIS Solutions is the leading provider of Open Banking in South Eastern Europe (SEE). We have integrated more than 70+ banks and financial institutions from the region. As of August 2024, we cover 95%+ of financial institutions in Bulgaria, Romania, Greece, Croatia and Cyprus.
More information HERE.
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