MultiBank is part of the mBank banking group in Poland. MultiTranfer is the product name for their online banking service that enables its customers to initiate payments online. MultiTranfer can also be used to complete online purchases. By accepting MultiTransfer as a payment method, merchants can offer a secure checkout payment method. Online shoppers that use the online banking service of MultiTransfer are redirected to their trusted home banking website to complete the payment online. These online bank transfers are normally settled within 1-2 business days and will not be eligible for chargebacks. See below for all Payment Service Providers enabling ecommerce merchants to accept MultiTransfer online bank transfers.
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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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MultiBank is part of the mBank banking group in Poland. MultiTranfer is the product name for their online banking service that enables its customers to initiate payments online. MultiTranfer can also be used to complete online purchases. By accepting MultiTransfer as a payment method, merchants can offer a secure checkout payment method. Online shoppers that use the online banking service of MultiTransfer are redirected to their trusted home banking website to complete the payment online. These online bank transfers are normally settled within 1-2 business days and will not be eligible for chargebacks. See below for all Payment Service Providers enabling ecommerce merchants to accept MultiTransfer online bank transfers.
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