sophiazhang98

Adding Pay by Bank Account as an additional payment option within your checkout offers your customers more choice. It’s an alternative way to pay and means customers don’t need to enter their card details at checkout.
HSBC Open Payments could help you deliver a smoother checkout process for your customers. It could reduce fraud risk, as authentication takes place within your customers’ online or in-app banking platform. It’s easy to integrate with your website and it could save you money: HSBC Open Payments charge a fixed fee per transaction, while debit and credit cards typically charge you a percentage of transaction value.
Highlights:
• Real-time settlement: Payments are made in real time via Faster Payments, and sent directly to your HSBC Business Current Account or Virtual Account. 
 • No interchange fee: We charge a fixed fee per successful payment initiation, as opposed to charging a percentage of the transaction value as is typical with debit and credit cards. 
 • Reduced fraud risk: You get increased data security, as there’s no need for the customer to key in sensitive financial information on your website in order to make a payment. This helps reduce the risk of details being stolen. You also reduce your risk of fraudulent chargebacks as Open Payments uses Faster Payments, an irrevocable single immediate payment type. 
 • Reduce your basket abandonment rate: By avoiding the need to key in debit or credit card details to make a payment, your basket abandonment rate can reduce. Customers who don’t have these details to hand are still able to complete a payment.
How does it work?
<ol>
<li>When your customer selects Pay by Bank Account, you request a payment to be initiated from their account through the HSBC Open Payments Application Programming Interface (API).</li>
<li>Your customer is securely redirected from your checkout page to their bank account provider’s mobile banking app or online banking portal, where they can authorise the payment.</li>
<li>The payment is credited to your HSBC Business Current Account in real time via Faster Payments.</li>
</ol>
Eligibility:
This plugin is provided by HSBC UK Bank Plc (‘HSBC UK’) for existing HSBC UK Open Payments customers. If you’re not an HSBC UK customer but are interested in using the plugin, find out more about our range of award-winning Business Current Accounts here: Compare Our Business Bank Accounts – HSBC UK. Existing HSBC Business Current Account holders should contact their Relationship Manager to find out more about eligibility and how to start using HSBC Open Payments.
<h3>3rd party services</h3>
Our plugin use <a href="https://www.zendesk.com/company/privacy" rel="nofollow ugc">Zendesk widget</a>. 
Widget CDN URL [https://static.zdassets.com] 
This helps to quickly contact us from the plugin settings.

HSBC Open Payments

Enable Pay by Bank to receive payments through Open Banking

bharatx

BharatX Pay in 3 is a white-labeled Pay in 3 parts plugin 
which allows your customers to split their payments into 
3 parts, one tap, with any documentation. 
The user gets access to “Buy now pay later”, and has to 
pay 1/3rd of the amount at the time of placing the order 
and the rest after 30 days and 60 days, with no extra charge. 
The payment gateway would be a standalone feature at the checkout 
page and can be customised as per your needs. 
For example, it can also be called “YourBrandName Pay in 3″, 
helping you to build/strengthen your brand name further, 
and building customers trust and engagement with your website. 
After the customer chooses Pay in 3 on the checkout page, 
the customer goes through a one minute sign-in process via 
a popup and after the payment is completed, is redirected 
to the payment confirmation page, making it a seamless 
process with low drop-off due to the ease of the flow.
<h3>Key Features</h3>
<ul>
<li>Integrate a white-labelled Pay in 3 feature at the checkout page </li>
<li>Allow customers to pay in 3 easy instalments</li>
<li>Includes a widget at the product page displaying the Pay in 3- features.</li>
<li>0 Documentation, no hidden fees and charges</li>
<li>1 minute hassle-free seamless setup</li>
<li>Works like a payment gateway. Integrate it like a payment gateway. Receive funds like a payment gateway on T+1, with no business risk.</li>
</ul>

BharatX Pay In 3

BharatX Pay In 3 plugin is a payment gateway plugin which allows you to accept payments in 3 easy instalments.

HSBC Open Payments vs BharatX Pay In 3