LUCERNE, Switzerland — Vendo Services will reveal its new open banking solution, Pay by Bank, at XBIZ Amsterdam, set to take place Sept. 3-5.
Pay by Bank, a rep explained, “offers a secure, reliable and cost-effective alternative for global merchants in the adult industry looking to expand their payment processing footprint and sales in Europe.”
“Pay by Bank facilitates direct bank transfers without the risk of chargebacks, ensuring seamless and instant payments across over 3,000 European banks,” the rep added.
Vendo Services CEO Mitch Platt noted that the account-to-account payment system could help merchants save up to 75% on transaction fees.
“High-risk merchants and their European customers have long needed a secure, reliable and low-cost checkout system like Pay by Bank,” Platt stated. “This solution not only enhances payment security but also significantly reduces operational costs, making it a crucial tool for businesses looking to streamline their payment processes and provide more ways for their consumers to pay.”
Vendo Services COO Thierry Arrondo added, “Pay by Bank is another example of how Vendo continually introduces new products and services that keep our merchants ahead of the curve.”
Members of the Vendo team will be available at XBIZ Amsterdam to discuss Pay by Bank and the specific payment processing needs of the adult industry. Attendees are encouraged to book meetings in advance.
Vendo, a two-time recipient of the XBIZ Europa Award for Best Payment Processor, will also host its popular speed-networking events on Sept. 4 and 5. The sessions are structured as brief, one-on-one interactions designed to help attendees forge new connections and explore potential collaborations in a relaxed setting.
For more information, visit VendoServices.com.
