FoxTransfers Bank Link service
FoxTransfers is a payment system for online shops or websites that supports several services of making payments: a bank link service, allowing accepting payments from e-banking users of all Lithuanian banks, and a service of credit card servicing.
You do not have time to enter into contracts with banks, align prices, program and supervise the systems… Therefore, you should pass these worries to us and devote your time to your business development.
- Convenient way to make payments by your customers-buyers;
- Real-time information on successful payment. You do not need to check your bank accounts anymore;
- All incomes received in the same account;
- You do not need to enter into contracts with each bank separately;
- You do not need to program logging in to each bank or reprogram after bank service settings changed.
FoxTransfers bank link service integrates bank link services of all Lithuanian banks. This means that you will need to conduct just one integration and your customers will be offered payment services even from 8 banks.
How does FoxTransfers Bank link service work?
Suppose, a customer of an online shop using the FoxTransfers service, has chosen an item / service and wants to make payment through e-banking. Having entered all necessary data on buying / delivery, the buyer is asked to choose a bank, through which the payment will be made.
After clicking on the bank icon, the buyer is asked to log in to his/her e-banking account and then, a transfer form generated automatically opens, which must be confirmed by the buyer and that’s it. This way, the process of making a payment becomes shorter and simpler, the risk of incorrect account number entering by the buyer disappears.
Once the bank has accepted the payment, the information immediately gets into the accounting system of the online shop; consequently, the goods can be sent to the buyer promptly. In addition, the online shop administrator can see all payments with detailed information after logging in to the profile of the FOXTRANSFERS customer. Collected funds may be paid out applying one of the ways below:
- Once per calendar month;
- Once in 7 days if the amount collected is not less than EUR 289.62;
- On each working day if the amount collected is not less than EUR 28.96.
The amounts collected are supervised by Mokėjimo terminalų sistemos, UAB, the company managing the FoxTransfers system, until these funds are transferred to the ultimate user.
Price of the Service
Awareness of your online shop or group of goods to be sold by your company does not influence our pricing. Therefore, you may save using FoxTransfers payment system. Try and see. Is the electronic trading a novelty for you? Do not hesitate, we have special offers for you!