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. | Credit/Debit CardOpen 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. | 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. |
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