FasterPay Bank Transfer

Fasterpay Bank Transfer is an easy way to accept bank transfer payments instantly from users in Germany, Austria and Switzerland. It’s known as Überweisung. Users with EUR bank accounts in any German, Austrian or Swiss banks can easily, instantly and securely pay to FasterPay merchants. No credit card needed. Payments initiated by users are securely verified using the Transaction Authorization Number (TAN) and verified directly by the user’s bank.


Payment flow

  • Step 1: Choose Überweisung and click on BUY
FasterPay Bank Transfer checkout
  • Step 2: Choose your country and enter the bank name
FasterPay Bank Transfer select
  • Step 3: Enter your email and password to login the bank account
FasterPay Bank Transfer preset
  • Step 4: Logging into your bank account
FasterPay Bank Transfer preset
  • Step 5: Enter the pin you received
FasterPay Bank Transfer preset
  • Step 6: Payment is processing
FasterPay Bank Transfer preset
  • Step 7: Confirm the payment on the phone
FasterPay Bank Transfer preset
  • Step8: Purchase is completed
FasterPay Bank Transfer preset

FasterPay Bank Transfer


name description
Countries Austria flagAT, Germany flagDE, Switzerland flagCH
Type Bank Transfers
Processing currencies EUR
Supported currencies Refer to currency codes
Payment confirmation time Within 3 working days
Chargebacks Yes
Refunds Yes
Partial refund Yes
Refund time frame Unlimited
Onboarding required No
Recurring Payments No
Mobile UI Yes
Opens new window Yes
Min Transaction Limit 0.30 EUR

Available models:

  • Merchant.

Included with your Terminal3 Payments account.

  • MOR.

Terminal 3.