Payment methods
eps-Überweisung: Austria's online bank transfer for merchants
eps-Überweisung is the online bank transfer of Austrian banks, run by PSA Payment Services Austria. The shopper picks their bank at checkout, logs in to online banking and approves a prefilled transfer. The merchant gets a real-time confirmation with an execution guarantee from the bank, so goods can ship without waiting for the money. Payments are in euro from Austrian accounts.
- eps
- Austrian online bank transfer in which the shopper approves a prefilled payment in online banking and the bank confirms it in real time.
At a glance
| Country and currency | Austria, EUR |
|---|---|
| Operator | PSA Payment Services Austria |
| Flow | Prefilled transfer approved in the shopper's online banking |
| Confirmation | Real time, with an execution guarantee from the bank |
| Outlook | Wero expected for Austrian retail customers by early 2028 |
What is eps?
eps (electronic payment standard) was created by Austrian banks in the early 2000s and is operated by PSA Payment Services Austria. Practically all Austrian banks are connected.
How does an eps payment work?
The shopper never leaves their own bank's authentication.
- Choose eps The shopper selects eps and their bank.
- Log in The shopper is sent to their online banking or app.
- Approve The shopper approves the prefilled transfer with strong customer authentication.
- Guarantee The bank confirms the order in real time and guarantees execution.
Will Wero replace eps?
Not yet. eps continues, while Wero is expected for Austrian retail customers of participating banks by early 2028. Unlike eps, Wero has a dispute process.
How do you accept eps through OrsunPay?
OrsunPay is a payment orchestration platform: you keep your own contracts with licensed providers (for example Stripe, Adyen or Worldpay), and OrsunPay is not a payment institution, acquirer or merchant of record and does not hold or transmit funds. eps is available through OrsunPay: you connect a provider that supports it, it appears in the hosted checkout and payment links, and payment confirmations arrive by webhook. For OrsunPay pricing, see the pricing page at /pricing.
Frequently asked questions
Is an eps payment guaranteed?
The shopper's bank confirms the order in real time and guarantees its execution; it cannot be withdrawn unilaterally after confirmation.
Can German shoppers pay with eps?
eps is for customers of Austrian banks.
How are eps refunds made?
The merchant sends a refund through the provider as a new transfer to the shopper's account.