EPS

Eps is the primary bank transfer payment method in Austria, created through a collaboration between Austrian banks and the government. It enables consumers to make secure online payments directly from their trusted online banking environment.

 

With bank transfers being one of the most preferred payment methods in Austria, eps has become an essential tool for online transactions, especially in the DACH region. Its importance is further highlighted by the fact that 83% of Austrians shop cross-border, relying on safe and efficient payment options. Every transaction made through eps is fully guaranteed, ensuring both security and peace of mind for consumers and merchants alike.

Payment method: Bank Transfer

Consumer countries: Austria

Supported currencies: EUR

Why EPS

Eps holds a significant market share of 15-18% in Austria, making it one of the country’s most popular payment methods. It also serves as the official payment solution for Austria’s e-government services.
According to eps, over 80% of online merchants in Austria accept it, highlighting its widespread adoption and use in the country’s e-commerce sector.
Austrian merchants can accept Giropay payments from German customers seamlessly, thanks to the interoperability between Austria’s EPS and Germany’s Giropay, without extra technical adjustments.