Payment Initiation Service Provider mode
Initiating payments via Open Banking offers numerous benefits.
Advantages
For Merchants
- Open Banking charges are much lower than a card payment.
- No PCI-DSS requirements.
- No sensitive customer data is ever transmitted or stored on your server.
For your clients
- No need to key in credit card, expiry and CVV details.
- Card limits are not applicable.
- Added confidence that the payment is secure as the actual authorisation takes place on the user’s online banking portal.
- Potential for card details to be stolen or hacked is eliminated.
- The merchant doesn’t hold any of your personal financial details.
Implementations
Nuapay supports the following implementation options:
- Redirect
- Self-Hosted
- Self-Hosted-Callback
-
Checkout
Tip: If you want to use the Nuapay User Interface we recommend that you use the
Redirect option. The Checkout mode also uses the Nuapay UI but you may encounter some issues with this integration mode on some mobile devices.These implementation modes are described in greater details in PISP Implementation Options.