Payment solution based on Open Banking API

Because it’s convenient for customers! You don’t have to enter your card details manually – just press the ‘instant payment’ button, choose your European bank from the list, log in and pay. The process takes the same amount of time as paying by card, but is much easier – you just have to make a few clicks. It’s a UX solution that focuses on being as user-friendly as possible.

This is because the client is making a wire transfer, and wire transfers do not have any chargebacks as a class. However, it is worth bearing in mind that the client may request a refund, so you should ensure that you provide your services or goods in good faith so that the client has no incentive to do so.

As of today, the payment solution can accept payments from customers in 21 European countries, including:

Austria, Belgium, Bulgaria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Lithuania, Latvia, Netherlands, Norway, Poland, Romania, Spain, Sweden, United Kingdom.

But the list is growing!

The payment solution partners include more than 3,000 European banks, and the number is growing every day.

Euro.

Yes. We connect the payment solution to companies whose licences have been issued in the UK, Germany, Greece, Cyprus, Curacao, Malta, Isle of Man and other jurisdictions. For more details, please contact us.

Our commissions range from 2.5 to 4%, depending on the company’s turnover.

First you need to open a Bilderlings current account for the company. Then all you have to do is tell your manager that you want to connect the payment solution, e.g. by writing an order (in the “Orders” section of your personal account). Our technical support then sends you the API integration key and everything happens.

Sign Up

From 1 working day, provided you already have a business account with Bilderlings.

Sign Up

1. Register online and get access to a restricted account.
2. Complete the online onboarding – complete the questionnaire by answering questions about your business and providing the necessary documents. The information we will need depends on the type of business, business area, jurisdiction etc.
3. Wait while we verify your details and you will get full access to your current account. It usually takes 1-2 working days to review the documents.

Contact us if you have any questions! You are not serviced by chatbots, but by real people who know what they are doing.

Open an account

Yes! Thanks to the open banking concept, we can connect to virtually any European bank via API – it’s one entry point for thousands of financial institutions.

Open Baking, or open banking, is a modern technology that allows banks and other financial systems to interact with third-party applications. The idea of open banking provides an opportunity to connect financial services with other services and make it easier for the customer to access them. This ‘linking’ of banking and other services takes place through APIs.

An API (Application Programming Interface) is a technology that allows completely different programmes and systems to come together and “communicate”. In other words, an API is a communication tool for programmes.

Open Banking APIs are APIs for open banking, i.e. technologies that allow banks and financial institutions to connect and interact with other systems.

This is not just new technology, but essentially a new business model. We are already used to digital banking, bank in your phone, one-click accounting reports. Open banking gives businesses growth through convenience, accessibility and saving time: barriers become fewer, timelines are shorter, there is time and a basis for opportunities. Thanks to the Open Banking API, services can perform as many functions as they never could before.

Open banking is regulated and supported by the EU’s Second Payment Directive (PSD2), which came into force in 2018. Regulators recognised that the proliferation of open APIs and the development of open banking creates fairer and healthier competition in the market and more transparent rules for consumers of services.

The directive obliges banks to grant API access to customer accounts to any entity that has received consent from the customer. At the same time, regulators control customer security – there are now stricter rules on customer authentication.