If you want to start distance selling, you need an agreement with a bank that authorises you to accept payments, the “acquirer”, to grant you a contract for the payment methods you wish to accept.
This applies even if one is already in possession of an acceptance contract for specific means of payment for card present transactions.
Ogone has established a wide range of connections with both domestic and international acquiring partners and can help you to easily find the most suitable acquirer and set up the necessary contacts with them.
Set up your perfect payment mix
According to a European Commission report on consumer e-commerce, 60% of crossborder transactions could not be completed because the trader did not ship to customer’s country or did not offer adequate means for crossborder payment.
The study underlines the importance of thinking local in e-commerce. It is vital to have your customers choose how they want to pay by offering the right and sufficient payment methods.
Our experience has allowed us to gain in-depth knowledge in how to set-up your own perfect payment method mix.
Ogone Collect. Add more local payment methods all at once
You can increase your online conversion by offering more local payment methods that your customers recognize and trust, and by giving them a greater choice. Adding local payment methods would usually imply a lot of administrative work (opening of bank accounts, local contracts, creation of subsidiary…). With one single contract, Ogone Collect allows you to easily manage and activate local payment methods all at once, for several countries.