LUZERNE, Switzerland – Vendo Services will unveil its new open banking solution Pay by Bank at XBIZ Amsterdam, which will take place from September 3 to 5.
Pay by Bank, a representative explained, “provides a secure, reliable and cost-effective alternative for global adult merchants looking to expand their payment processing and retail footprint in Europe.
“Pay by Bank facilitates instant bank transfers without the risk of chargebacks, ensuring seamless and instant payments across more than 3,000 European banks,” the representative added.
Vendo Services CEO Mitch Platt explained that this account-to-account checkout system can help merchants save up to 75% on transaction fees.
“High-risk merchants and their European customers have long needed a secure, reliable and low-cost POS system like Pay by Bank,” said Platt. “This solution not only improves
payment security, but also significantly reduces operational costs, making it a crucial tool for businesses looking to streamline their payment processes and offer their consumers more ways to pay.”
Thierry Arrondo, COO of Vendo Services, added: “Pay by bank is another example of how Vendo continually introduces new products and services that keep our merchants ahead of the curve.”
Members of the Vendo team will be available at XBIZ Amsterdam to discuss Pay by Bank and the specific payment processing needs of the adult industry. Participants are encouraged to book meetings in advance.
Vendo, two-time winner of the XBIZ Europa Award for Best Payment Processor, will also host the popular speed-networking events on September 4 and 5. These sessions are structured as short, one-on-one interactions designed to help participants gain new experiences. connections and explore potential collaborations in a relaxed environment.
For more information, visit VendoServices.com.