Merchants - how
to enable IPS?

  • 1
    Why is it important that you enable instant payments at your point of sale?
  • 2
    Costs of accepting instant payments and merchant fee
  • 3
    Safety of instant payments at point of sale
  • 4
    Accepting instant payments at brick-and-mortar points of sale
  • 5
    Accepting instant payments at online points of sale
3

Safety of instant payments at point of sale

Instant payments at points of sale using the IPS SHOW and IPS SCAN methods are completely safe for buyers/payers and merchants. In both payment methods, the buyer goes through all steps in his m-banking app, in the safe environment of his bank, while data transferred through the merchant’s infrastructure cannot be subsequently misused. 


When paying for online purchases, instant payments are safer compared to other payment methods, as no sensitive data on the payment instrument are entered and there is no need for additional authentication (e.g. “3D secure”, etc.).