TRANSFER PAYMENT GUARANTEE
Guarantee 100% of your payments
The transfer is irreversible, and payment is 100% guaranteed. This means of payment is currently capped at €100,000 per transaction.
SSP’s technology allows a merchant identified as the payee to set up a transfer initiation. This action connects the payer with their bank so that they can validate a payment by transfer or instant transfer.
This process must have the consent of the payer and be validated using the strong authentication method imposed by their bank. As soon as the payer validates the transaction, SSP is then responsible for sending information back to the merchant. This information will contain the order or basket reference number, the amount, the return code, the date of the transaction, etc.
This information will allow the merchant to reconcile the transaction. It will also be available on the dedicated back-office feature made available by SSP.
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