Referências Multibanco e MB WAY para o seu negócio

With the extraordinary influx of e-commerce over the last year, several businesses have made e-commerce their flagship shop and have faced major challenges as a result of adapting to a new means of commerce.

Logistics, marketing, payment methods and, above all, adapting these areas to the needs of the new consumer profile of online shoppers emerged as the main issues to be resolved.

The importance of ATM references in online commerce

In the case of payment methodsPortuguese e-shoppers have a very clear preference: the payment by ATM reference recently joined by MB WAY.

The basis of this preference for payment by ATM reference These include things as diverse as the ease and simplicity of payment, but also security and the possibility of making payments 24 hours a day, any day of the week, with the amount being debited directly from the customer's bank account.

Although more recent than payment by ATM reference, MB WAY, not least because of the spread and democratisation of the use of smartphones for making purchases and online paymentsis a complement that should be taken into account. In fact, the growth in the use of this payment technology for online purchases has led the Bank of Portugal changing the rules on the costs of the commissions charged by banks for using MB WAY at the beginning of this year, which included a certain number of free operations and a limit on the price of the rest.

In order to help businesses in this transition to the e-commerce and at the same time guarantee the trust of its current and potential customers, REDUNIQ has developed the solution Payment for Services which allows online businesses to issue ATM references e receive payments by MB WAY.

What is REDUNIQ's Multibanco and MB WAY payment solution?

Alongside solutions @Payments e E-commerce, o Payment for Services is one of REDUNIQ's solutions for accepting online payments and, as we mentioned earlier, allows those who sell online with or without a website to accept payments by multibanco reference and receive by MB Way.

The whole process is quick and convenient for both merchants and customers. For the former, because if they want to integrate with their online shop the process is extremely simple and if they don't need it they have access to a secure REDUNIQ portal, and for customers, because they have yet another means of payment at their disposal.

As with this solution the entire generating ATM references is free as there are no monthly fees or fixed costs for merchants. The only fee will be the one applied to the payment.

Payment for Services - how does it work?

With online shop

If your business has an online shop and you want to diversify the payment methods you make available to your customers, thereby promoting more sales, the process of integrating this solution is simple and fast and will allow you to add the possibility of create Multibanco references automatically.

No online shop

Alternatively, sells online without a website (social media marketplaces, for example), you can make payment via Multibanco and MB WAY references available to your customers simply and immediately, by simply accessing the REDUNIQ platform, without the need to integrate with a website.

With the data provided (entity, reference and amount) your customers just have to make the payment through the ATM network or via their bank's website.

Payment for Services - Integration

As we've seen, this solution will only need to be integrated (with the E-commerce) if you have an online shop. If you choose to integrate the solution with your online shop, REDUNIQ will provide you with all the technical documentation when you sign up to the service.

If this isn't the case for your business, all you have to do is access the REDUNIQ portal where you can create the entity and reference for payment.

Advantages of REDUNIQ's Payment for Services solution

As well as being the method most used by Portuguese consumers when shopping online, a business that has the solution Payment for Services REDUNIQ benefits from the following advantages:

CompetitiveThis is one of the payment methods most used by Portuguese customers due to its convenience and speed;
SimplicityNo integration required if you don't have an e-commerce solution and simple integration if you have the REDUNIQ e-commerce solution;
Speed: fast remote payments (can trigger immediate payment to the customer's mobile phone);
Competitive priceSimple tariff (fee applied only to the payment made), with no monthly fee or fixed costs.