Paybynet

Why provide the clients with Paybynet, the rapid on-line payment service?

• you will execute the orders faster than your competitors – the Paybynet service operates 24/7/365. The store immediately receives information about the payment made and it can execute the client's order right away,
• payment guarantee – under the Paybynet service KIR provides stores with a written guarantee of payment for the client's purchases equal to 100 percent of their value. Thanks to this the store can execute the client's order without worrying about the payment for the purchased goods,
• time saving – the Paybynet service proceeds each transaction individually. Thanks to this the store saves the time required for the distribution of aggregate transfers and assignment of the payments to specific orders,
• certainty – for each transfer the Paybynet service compares the account number of the store performing the transaction with the account number entered to the system. As a result, payments for the clients' purchases are always safe and are never transferred to a bank account different from the one entered to the Paybynet system,
• security – under the Paybynet service information about the payments is transmitted in encrypted form, and the data is exchanged using the SSL protocol. Therefore, the store is guaranteed full security of the payments made.
• money is quickly transferred to your account – the money for purchases paid through Paybynet is transferred to the store's bank account as soon as possible. Therefore, the store does not have to credit the client's purchases waiting for the money.

Immediate transfer of money from a client, easier handling of complaints and attractive commission model are the benefits that an e-store is guaranteed by Paybynet, the rapid on-line payment service created and provided by KIR.

The Paybynet service operates 24 hours a day, 7 days a week, throughout the year. The store is immediately informed about the transaction made by the client, and with a written guarantee of payment for the purchases provided by KIR it may immediately execute the order. This is important because the research shows that a short period of delivery of goods to the buyer is one of the key factors affecting the assessment of the service quality offered by on-line stores.

The money transferred by Paybynet is send to the seller directly from the client's bank account, without withholding it at an intermediary institution. Because the Paybynet service processes each transaction individually, the store saves the time that in case of other payment systems is required for the distribution of aggregate transfers and assignment of the payments to respective orders. As it is easier to identify a specific client or transaction, it takes much less time not only to execute the order, but also to handle complaints and returns, which in turn reduces the costs.

KIR guarantees direct settlements and a high safety standard of the payments made through the Paybynet service. The information about the transaction is transmitted in encrypted form and the data is exchanged using the SSL protocol. Therefore, the store is guaranteed full security of the transfers made.