Online stores and digital services rely on efficient payment systems to process customer transactions quickly and securely. While card payments remain the most common option, bank transfer payment gateways have become an increasingly popular alternative. They allow customers to pay directly from their bank account without manually entering payment details. How bank transfer payments work in e-commerce When a customer selects bank transfer as the payment method during checkout, the payment gateway redirects them to their online banking environment. The payment details are automatically prefilled, which means the customer only needs to confirm the transaction. This approach eliminates the need…