eps is the main bank transfer payment method in Austria, built by Austrian banks: more than 80% of all online merchants in Austria offer eps to their customers.
With 83% of Austrians shopping cross border, eps is a critical payment method for a merchant’s payment method mix in Europe. Every transaction is guaranteed by eps.
Bank customers log into their online banking environment. They review the details and authorise the payment for the funds to be credited directly to the payee’s account.