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Reba Basu (Unlicensed)

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Within the below links you will find an overview of the payment rails Open Banking and Direct Debit.

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Open Banking

Open Banking processes the entire transaction through online banking; in a Bank-to-Bank rail, payments enter the business account directly from the customer’s account.

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Credit/Debit Card

Open Banking processes the entire transaction through online banking; in a Bank-to-Bank rail, payments enter the business account directly from the customer’s account.

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Direct Debit

Open Banking processes the entire transaction through online banking; in a Bank-to-Bank rail, payments enter the business account directly from the customer’s account.