Fasto, a leading payment gateway and digital payment services provider in Europe, announces partnership with Europe’s leading Direct Debit service provider, Sepa Express. With this partnership, Fasto will now be able to offer its merchants the ability to accept Direct Debit payments through Sepa Express’ platform. The first use case is the processing of SEPA Express PLUS payments for our merchants in the UK.
Merchants who wish to receive Direct Debit payments from their customers will be able to utilize Fasto’s platform and integrate with the suite of functionality that is available within Sepa Express’ system. Fasto will also provide merchants with integrated reconciliation as well as analytics tools for customers who wish to track their commercial activity and chargeback data.
Fasto is in the process of expanding its network of online merchants across Europe. We will enable European merchants to take advantage of its range of direct debit services. It will also enable merchants to receive instant bank transfers and generate mass payout to partners and suppliers.
The partnership will enable customers to make payments using their debit cards and electronic funds transfer directly from the merchant’s website. This is an excellent opportunity for online businesses in Europe, which have been unable to find a suitable payment option.
Fasto’s solution can be used by any merchant that accepts debit cards and bank transfers. These include e-commerce and retail shops, hotels, food and beverage stores, travel agencies and many others.
