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Enable customers to complete a bank transfer without manually entering the IBAN, recipient, or payment amount. This reduces errors and speeds up checkout by pre-filling the bank transfer details from the payment request.
This feature provides a bank transfer payment option where all required transfer details (recipient, IBAN, and amount) are provided to the customer automatically. Its purpose is to make bank transfers as simple and reliable as other digital payment methods by removing manual data entry. When a customer selects bank transfer, they receive a payment instruction set that includes the exact recipient details and amount for the transaction. The customer can then use these pre-filled details to initiate the transfer using their preferred banking channel, minimizing the chance of mistyped information. This approach reduces failed or delayed payments caused by incorrect IBANs, wrong amounts, or missing recipient references. It also improves the customer experience by making the bank transfer flow faster and less confusing. Businesses benefit from fewer support requests related to payment mistakes and easier reconciliation because customers use consistent payment details. Typical use cases include customers who prefer bank transfers for high-value purchases, regions where bank transfer is commonly used, and B2B invoices where accuracy is critical. The feature is especially helpful on mobile devices, where manual typing is slower and more error-prone.
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