At Twikey, we provide a comprehensive range of payment solutions tailored to support both recurring and one-time transactions. By integrating with multiple Payment Service Providers (PSPs), we empower businesses to optimize cost, efficiency, and user experience — all within a single platform.
| Payment Method | Type | Description | Benefits | Limitations |
|---|---|---|---|---|
| SEPA Direct Debit | Recurring | Automatic bank debits within the Eurozone via a signed mandate. | Low fees, predictable cash flow, SEPA legal protection | Eurozone only, mandate required, CORE refundable within 8 weeks, B2B non-refundable |
| Credit Card (Visa, Mastercard) | Recurring / One-time | One-time and Recurring billing via major credit card networks. | Globally accepted, flexible, trusted | Higher decline rate, chargebacks, credit card required, higher transaction fees |
| Bacs Direct Debit | Recurring | Automatic bank debits within the UK via a signed Auddis mandate. | Low fees, predictable cash flow, legal protection | UK only, British pound, mandate required |
| PayPal (Recurring) | Recurring | Recurring billing via a linked PayPal account. | Trusted, multiple funding sources, buyer protection | PayPal account required |
| iDEAL | One-time | Bank payments via Dutch banks. | Trusted in the Netherlands, instant confirmation, no credit card needed | Dutch banks only, not available internationally |
| Bancontact | One-time | Bank payments via Belgian accounts. | Popular in Belgium, instant confirmation, no credit card needed | Belgian banks only, not international |
| Bancontact WIP | Recurring | Bank payments via Belgian accounts. | Popular in Belgium, instant confirmation, no credit card needed | Belgian banks only, not international |
| Payconiq / Wero | One-time | Mobile payments via app (BE, NL). | Mobile-friendly, instant, no credit card needed | Limited adoption, Payconiq account required |
| Tikkie | One-time | Payments via WhatsApp using ABN AMRO’s payment request app. | Easy to use, popular in NL, no credit card needed | NL only, Tikkie account required, not for international use |
| Maestro, Visa Debit, Debit Mastercard | Recurring / One-time | Global debit card-based payment method. | Widely accepted, international support | Higher transaction fees |
| Klarna | One-time | Buy now, pay later with installment options. | Flexible options, boosts customer satisfaction and conversion | Region-dependent, risk of overuse, expensive |
| Google Pay | Recurring / One-time | Mobile payments via Google accounts. | Fast, secure, no card details shared | Android required, not supported everywhere |
| Apple Pay | Recurring / One-time | Payments via Apple Wallet and Apple devices. | Biometric security, fast checkout | Apple devices only, regional/device limitations |
| Bank Transfer | One-time | Manual bank transfers via Twikey payment link or QR code. | Ideal for large amounts, no third-party fees | Manual process, no instant confirmation, error-prone |
| PayPal (One-time) | One-time | One-time payments via PayPal. | Trusted, multi-source funding, buyer protection | Fees, PayPal account needed, not suitable for all customers |
Recurring payments across these payment methods offer convenience to customers by automating the payment process. Customers can set up automatic payments, eliminating the need for manual intervention each time a payment is due. This convenience enhances the customer experience and encourages long-term business relationships, increased customer retention, improved cash flow management and is cost saving.
By using Twikey, you gain access to one or more bank accounts and utilize direct debits initiated from that account. Alternatively a PSP account can be used.
With our innovative system, you have the option to link directly to one or more payment methods of a PSP (Payment Service Provider). This means that your customers can complete their transactions effortlessly, without any hassle. Say goodbye to complicated payment processes and hello to a streamlined checkout experience!
By using Twikey, you gain access to multiple Payment Service Providers. This means you can choose the most cost-effective player per payment method, maximizing your savings while providing top-notch service to your customers.
Simplify invoice payments by embedding QR codes onto your invoices, compatible with all banking and payment apps.
Revamp your invoicing process with our unique paypage link. Enjoy swift invoice settlements, prevent double payments, and benefit from real-time payment updates via our bank and PSP integrations.