MyBank enables online shoppers to initiate SEPA Credit Transfers via their regular online or mobile banking interface without the need to disclose their personal bank account or payment details to any third parties. MyBank is an electronic authorisation solution that makes it easier and safer to sell and buy goods and services over the Internet all across Europe. MyBank enables customers to pay for their online purchases via their regular online banking environment or the payment application of their payment service provider. The solution is open to all authorised payment service providers in the Single Euro Payments Area (SEPA) including, without limitation, credit institutions and payment institutions. MyBank is geared at supporting the initiation of e-payments via the SEPA instruments. The solution is expandable and may at a later stage also be used for transactions in other currencies or for e-identity services. MyBank has been developed by EBA CLEARING, which also manages the solu
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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
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MyBank enables online shoppers to initiate SEPA Credit Transfers via their regular online or mobile banking interface without the need to disclose their personal bank account or payment details to any third parties. MyBank is an electronic authorisation solution that makes it easier and safer to sell and buy goods and services over the Internet all across Europe. MyBank enables customers to pay for their online purchases via their regular online banking environment or the payment application of their payment service provider. The solution is open to all authorised payment service providers in the Single Euro Payments Area (SEPA) including, without limitation, credit institutions and payment institutions. MyBank is geared at supporting the initiation of e-payments via the SEPA instruments. The solution is expandable and may at a later stage also be used for transactions in other currencies or for e-identity services. MyBank has been developed by EBA CLEARING, which also manages the solu
40 rue de Courcelles
F-75008 Paris
France
| Main Phone Number | + 33 (0) 1 53 67 07 00 |
| Main Fax Number | + 33 (0) 1 53 67 07 07 |
| clearing@abe-eba.eu |
| Website | https://www.mybankpayments.eu |
| Blog |
Pan-European payments solution MyBank saw an excellent growth in volume, value, and in the number of merchants offering MyBank. MyBank Performance 2015More than €650 million worth of transactions were processed in 2015, in December alone almost €100 million compared with €3 million in December 2014. Transaction volumes also grew t [...] Read more
PARIS | The owner of MyBank - PRETA S.A.S. - announced the growing take-up of MyBank by consumers and businesses. In late April 2015, MyBank surpassed the mark of 100 million euro in transaction [...] Read more
BRUSSELS | MyBank - the pan-European e-payments solution - shows strong growth according to EBA Clearing (Preta S.A.S.) - owner of the MyBank brand and solution. MyBank sees an uptake in both consumer (e-commerce) and business-to-business payments. MyBank MyBank allows shoppers to pay for goods and services directly from their online bank [...] Read more
PARIS | The Pan-European Payments Solution MyBank went live with their 'MyBank Mandates for SEPA Core Direct Debits'. In other words, MyBank successfully launched their technical framework that allows merchants and businesses across Europe to easily get permission from consumers and businesses to debit their bank account in SEPA countries. MyBank Mandates Support Some financial [...] Read more
BRUSSELS | The KBC Bank, one of Belgium's largest banks, joins MyBank to offer its retailers and corporate customers an easy and safe way to accept online bank transfers from across Europe. The e-payments solution MyBank allows bank customers across Europe to pay for their online shopping by using their own bank account. Launch in Spring 2015 KBC bank will launch the MyBank servi [...] Read more
ITALY | Four thousand merchants will go live with MyBank during the next few weeks via Gestpay, Banca Sella Group’s gateway solution. The merchants cover all sectors of Italian commerce, such as tourism, fashion and technology. MyBank allows Italian shoppers to pay for goods and services directly from their online bank account. New way to accept online payments With MyBank - alre [...] Read more
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