FAQ for Public administration

Definitely yes:

  • You will extend your business to
    • customers who are reluctant to share their financial data on the internet
    • customers from other countries who might not be covered by your local payment services
  • You will not have to :
    • store and ensure the safeguarding of customers’ financial details
    • check financial details
    • process chargebacks requests for MyBank payments

MyBank is scheduled to go live on 25th March 2013. In a first phase, th solution will enable customers to authorise SEPA Credit Transfers. The creation, modification and cancellation of e-mandates for SEPA Core Direct Debits is envisaged to be launched on 4th October 2013.

If you would like to know more about the MyBank joining process and the upcoming joining windows, please do not hesitate to contact us.

If you are an individual or a web merchant, it is likely that you are unaware of THE SOLUTION MANAGER’s activities, but your bank is most probably one of our customers. THE SOLUTION MANAGER provides pan-European payment systems to the largest European banks and has a proven track-record in developing pan-European reach for cross-border payment services.

You will be registered via a payment service provider/bank. They will provide you with their terms and conditions and technical requirements of the solution.

This will depend on the bank who will give you the access to this solution. Each participating bank will offer a set of services starting with basic access and moving to a range of value-added services. The price of the standard offering should not be more than the fees you pay for existing online payment methods.

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