Is it secure to get paysite payments via Wire Transfers?

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  • vintageadult
    Confirmed User
    • Jun 2015
    • 364
    #1

    Is it secure to get paysite payments via Wire Transfers?

    Hi if I put my US bank details into payment page of a paysite and take wires from both domestic and international consumers, is it gonna be risky?
    How to securely get payments by this way?
    And is this way can be useful than credit card billing by third party processor?

    Can anyone stole my bank details and use it for online e-checks?

    Whats the secure way to do this?
    Tags: None
    • Barry-xlovecam
      It's 42
      • Jun 2010
      • 18083
      #2
      Set up a ''special'' account to receive wires and sweep the account (empty it) hourly or daily as the balance requires --- banks can do this for you (for a fee). Then FOR SURE your liability would only be that account's balance.

      For consumers to pay you direct from their bank account -- this will not work well. 90%+ of payments for things bought online are a credit card purchase.

        Comment

        • vintageadult
          Confirmed User
          • Jun 2015
          • 364
          #3
          Originally posted by Barry-xlovecam
          Set up a ''special'' account to receive wires and sweep the account (empty it) hourly or daily as the balance requires --- banks can do this for you (for a fee). Then FOR SURE your liability would only be that account's balance.

          For consumers to pay you direct from their bank account -- this will not work well. 90%+ of payments for things bought online are a credit card purchase.
          If %90 then this bank solution will not work

            Comment

            • Klen
              • Aug 2006
              • 32235
              #4
              Originally posted by Barry-xlovecam
              Set up a ''special'' account to receive wires and sweep the account (empty it) hourly or daily as the balance requires --- banks can do this for you (for a fee). Then FOR SURE your liability would only be that account's balance.

              For consumers to pay you direct from their bank account -- this will not work well. 90%+ of payments for things bought online are a credit card purchase.
              Depending on country, is some countries is popular to pay with internet banking, there is even services made around it like sofort.

                Comment

                • vintageadult
                  Confirmed User
                  • Jun 2015
                  • 364
                  #5
                  Originally posted by KlenTelaris
                  Depending on country, is some countries is popular to pay with internet banking, there is even services made around it like sofort.
                  Im asking it for mostly US.
                  Moreover europe...

                    Comment

                    • Barry-xlovecam
                      It's 42
                      • Jun 2010
                      • 18083
                      #6
                      We use SEPA in Europe and VERY FEW customers use that payment method.

                        Comment

                        • ChristinaS
                          Registered User
                          • Jan 2016
                          • 15
                          #7
                          Please contact me and we can discuss wire transfers/bank transfers. I know you said for mostly US, but Webbilling is able to help you out with all of your European needs as far as that goes.
                          Webbilling.com
                          Christina Schneeman
                          Sales Representative
                          Email
                          [email protected]

                            Comment

                            • Jel
                              Confirmed User
                              • Feb 2007
                              • 6904
                              #8
                              Originally posted by Barry-xlovecam
                              We use SEPA in Europe and VERY FEW customers use that payment method.
                              very few UK bank staff even know about it I was looked at with a mixture of disdain and amusement when I spoke to my local branch about outgoing sepa payments not too long after it was introduced (though obviously it already had, how the staff weren't informed/trained on this was beyond me). Granted we are further down the line now, but for sure, the vast, vast majority of the UK at least have never heard of SEPA.

                                Comment

                                • Barry-xlovecam
                                  It's 42
                                  • Jun 2010
                                  • 18083
                                  #9
                                  I think the future is in SEPA and ACH funded internet wallets.

                                    Comment

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