BBVA and Nordea bid to smooth ecommerce payments

BBVA and Nordea bid to smooth ecommerce payments

BBVA and Nordea are both rolling out new online payments platforms designed to make ecommerce simpler and safer for merchants and consumers.

Built on Mastercard Payment Gateway Services infrastructure, BBVA's Global Gateway helps large retailers accept payments in everything from debit and credit cards to bank transfers, PayPal, Alipay and virtual payment offerings.

Available now in Spain for retailers in Europe and coming soon to the US and Latin America, the platform promises a seamless transaction experience across geographical boundaries, reducing the complexity of operating in new markets.

Retailers can choose from different types of integration, whether directing customers to BBVA’s payments page or embedding the checkout interface into their own websites, with their customised look and feel. The platform also offers a ‘single-click’ payment option, a subscription model and a portal where retailers can manage their operations cycle and monitor payment activity.

Fraud-detection technology monitors transactions in real time, regardless of the type of payment, currency, channel and geographical location of the market where they originate.

Separately, Nordea has launched a similar system, enabling merchants to offer customers a host of payment options, including all the major cards, as well as Swish, Siirto and ePayments.

Available in Sweden and Finland, with Denmark and Norway to follow later this year, Nordea Connect also promises to make it easy for merchants to have all of the payments they receive sent directly to their Nordea account.

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