With YowPay, we facilitate the use of the instant SEPA transfer as a payment method.
We offer the cheapest and easiest transaction fee of the market.
In many cases, YowPay allows your customers the ability to pay with an alternative solution if payment by card does not work (limit exceeded, no access to the 3d Secure code, no bank card available, etc ...).
Yow is a Software As A Service (SaaS) not a financial institution; therefore your funds are settled immediately and directly to your account from the buyer, no settlement period, guarantees withhold and risks of chargebacks.
No data collected about your customers for marketing or reselling purposes
As a professional, merchant or craftsman, install the YowPay mobile application for free to facilitate payments by instant SEPA transfer. Enter an amount, we will generate a QR code that your customer can scan if their banking application is compatible. Otherwise, your customer will simply enter your banking information by copy/paste to make the transfer. You receive the money in seconds in your account! Payments are secure and irrevocable!
Yowpay allow merchants to start immediately processing using their existing business bank accounts, no on boarding and collection of documents like with any other Payment Provider as it is a peer to peer solution.
Yowpay is based on Open Banking technology. Open Banking was decided by European Directive to oblige banks to open their systems to 3rd party providers in order to give access to financial transaction and provide added value to the existing banking systems in the best interests of the bank users.
Yowpay is generating a QR code from Yowpay mobile app or directly from the merchan’ts ecommerce website.
The buyer is then scanning the QR code from his usual mobile banking app and confirms the payment.
Yowpay is keeping the connexion with the merchant’s bank alive to get the notification of the new transactions and then matching the pending orders generated by the QR code to confirm the transactions.
More details
Our payment solution is available in most countries in the SEPA zone in Europe.
YowPay has selected few recommended Business Neobanking solutions which are fully approved by YowPay in terms of availiability of 24h/24 instant payments.
For example some banks are not refreshing transactions during the night which delays the confirmations of your transactions in YowPay. Therefore using a NeoBank could be a solution which even would most likely reduce your costs with your existing bank with extra services, currencies exchange, multiple cards, sub accounts, monitoring tools... far more advanced tools than the classical old school banking institutions on the market.
N26 is the most popular NeoBank in Europe which was serving individuals first. Now offering business accounts with totally free minimum offer including a card which bring N26 as the cheapest solution
Signup to N26
Initialy an Electronic Money Institution, Revolut became a regulated Bank in Lithuania.
Initialy a currency exchange service in direct competition with banks, Transferwise rebranded as Wise moved to payment accounts and provide now business accounts, cards, swift in/out payments, US ACH debits credits.
French regulated payment institution, Qonto provides business accounts with min 9 EUR / monthly fees.
French bank 100% online, business accounts, debit/credit card and deposits, Boursorama is offering for french businesses :
Which makes Boursorama the cheapest french business bank.
You can integrate the YowPay payment solution from scratch in your business with our API.
We support the most commun CMS for e-commerce. Download the plugin and follow the intallations steps.
