At CorvusPay, we’re building a cutting-edge digital platform that offers a wide range of payment options for both businesses and consumers. We might sound like a broken record, but our mission is clear: to help merchants run their business in a modern, simple, and flexible way – while giving customers the freedom to pay however suits them best in the moment.
CorvusPay by IBAN lets online shoppers pay directly from their current accounts to merchants’ accounts, completely bypassing cards. Since transactions don’t go through intermediaries like Visa or Mastercard, fees are significantly lower than standard card payments.
We’re proud to be the first Croatian company licensed by the Croatian National Bank to offer this type of service, fully authorized for use across the European Union.
No quotes, no manual payment tracking – just a smooth, fast, and secure experience. Here’s how IBAN-to-IBAN payments work.
To pay directly from their bank account during checkout, customers simply need to have online or mobile banking enabled with one of the following banks: Erste & Steiermärkische Bank, Hrvatska poštanska banka, OTP banka, Privredna banka Zagreb, or Zagrebačka banka.
The process is quick and seamless:
- The customer enters their IBAN into the payment form – once saved in Corvus Wallet, it’s ready for future purchases.
- Authentication is done just like with standard online banking – via a push notification confirming the amount.
- Funds are instantly transferred if both accounts are with the same bank, or within a few hours if they’re with different banks.
- Merchants receive real-time transaction status updates via API, allowing them to automate order fulfillment, without the need to wait for bank statements.
Why IBAN-to-IBAN Payments Are a Game-Changer for Online Merchants
- Lower fees – transactions are more cost-effective compared to card payments.
- No bank contracts needed – you only work with CorvusPay, we handle the rest.
- Fully automated reconciliation – say goodbye to manual tracking and bank statement checks.
- Top-tier security – each transaction includes customer identity verification, minimizing fraud risk.
- Perfect for high-value transactions – ideal for industries with larger average cart and higher card fees.
- A great fit for non-card users – appeals to customers who prefer not to use cards or pay in installments, helping reduce cash-on-delivery payments and associated handling costs.
So, if you’re ready to offer your customers an innovative and secure way to pay, account-to-account payments are the way forward.
Send us an inquiry at sales@corvuspay.com and take your business to the next level – faster and higher, starting today!
And remember: if you’re not using every opportunity, you might be missing out. Off I go – onward and upward! ❤️
Edgar