Discussion
Would you recommend this product?
1 Review
I have not integrated yet, but loved the concept!
Upvote (2)Share
Hunter
@yasar_elesgerov thank you for the feedback! I saw you signed up, just write to support, I will help you :)
Does it work with all bank or only American banks? (I'm in Europe)
Hunter
Cool! But is every single European bank supported or only some? Is there a list somewhere? @ibrahim_hasanov
Hunter
@ibrahim_hasanov aha, so UK only. Not Europe-wide support ;) What about revolut? Their IBANs start with GB but I don't think they are considered a UK bank, right?
Hunter
Hunter
Hey PH –
Ibrahim from Uviba introducing instant bank transfers. I and my team had been working on this product over a year (we had to). And now we finally launched!
Here are the problem and solution for it.
🤔 Problem
- Traditional Bank Transfers: wait 7 days to see it failed or not.
- High rates: 2.9% and with new Stripe Chargebacks ☠ it is 3.3% now, if you add Relay, it just goes up. It is not fair for most of the startups. ❌❌❌
- Dispute Limits: if you have more than 1% of disputes, you are simply out of business ❌❌❌. Master and Visa card network, Stripe and others froze your account ❄️❄️❄️
- Frauds: With card transactions, there is a high risk of Frauds 💸💸💸
🛠 Solution
- Instant Bank Transfers: customers log in to their bank and pay you 🏃
- 2X Cheaper: 1.7% save you 💰💰💰
- No Dispute limits: Get 99% disputes, none cares 🙅♂️🙅♂️🙅♂️
- Almost No Fraud: Have you ever see someone stole someone else bank password? It is much more secure than cards 🔐🔐🔐
Great product. I have a client who might be a really good fit for this. Will reach out if I face any issues integrating it with a WordPress website.
Hunter
@iamnotmanish thank you so much! Will be ready to help you with integration! We built this video guide just in case :)
awesome product and team.
Hunter
@elliott_james love to hear Elliot thank you 😀