What is Saf-T-Pay?

Saf-T-Pay is a secure online payment system that allows non-credit card users and overseas shoppers to make online purchases directly through their local bank. Over 70 % of the online merchants offer only one payment system to their customers, among them mostly credit cards (EuPD eCommerce Report 2006). Thereby non-credit card users, whether they do not hold a credit card or they are afraid to use it for internet purchases due to fraud and identity theft reasons, are excluded from online shopping just as international shoppers, whose cards are not accepted for cross-border transactions.

Even shoppers that overcome their uneasiness with card use are often kept from purchasing by fraud-filtering systems. Over 50% of the top 100 U.S. online retailers do not sell to customers with foreign cards.

Saf-T-Pay provides a safe way for millions of bank customers to finally participate in internet shopping around the globe, with the extra advantage of keeping all personal financial data between the shopper and his bank, neither the online merchant nor Saf-T-Pay are provided with confidential personal information of any buying customer.


How does Saf-T-Pay work?

Very simple: When clicking on “Pay through Saf-T-Pay“ the online buyer gets a transaction ID and an expiration date. With these data he completes the payment in his local currency through the online banking interface of his local bank. The bank states to Saf-T-Pay, that the purchase has been duly paid. After Saf-T-Pay confirmed to the merchant the receipt of payment, the merchant can ship the products or provide the services to the online buyer.


The Benefits of Saf-T-Pay for Online Merchants:

• No set-up or sign-up fees
• No monthly recurring charges
• Access to a completely new and untapped customer base
• No chargebacks – in accordance with merchants policies*
• Free promotions to millions of bank customers
• Full control – merchants manage their own account
• No fraud possible – because no financial data are revealed
• Currency exchange – everybody pays and receives in his own currency
• Finally secure international transactions – and more revenues

*Saf-T-Pay allows chargebacks only, if the merchant can not provide a proof of delivery or if he violates his own refund policies.


Further information in English, Spanish or German can be found at:

www.saftpay.com and www.saftpay.de