Collecting and Processing Models

Collecting and Processing Models

Wirecard offers two different models when it comes to concluding contracts with financial service providers for the payment methods you offer in your online shop.

Collecting model

For this model only one contract needs to be concluded with Wirecard Bank which acts as your acquirer and consolidates all payment flows to one bank account. I.e. this model allows you to collect payments from various payment methods to one single bank account.

The collecting model ensures a safe processing of your transactions while at the same time offering a convenient and clear overview of all of your online payment flows. For further information and details please contact our sales teams.

Processing model

When using the processing model, an acceptance contract has to be concluded with the relevant financial service providers for each payment method you offer in your online shop.

Some payment methods might even have specific regulations as to the country in which the account for receiving the funds has to be opened. For further information and details please contact our sales teams.

Collecting and processing models by payment method

The following table contains an overview of all payment methods and the relevant model(s) they support.

Payment method Collecting model Processing model

Cards

Credit Card

yes

yes

Credit Card - Mail Order and Telephone Order

yes

yes

Maestro SecureCode

yes

yes

Masterpass

yes

yes

Banking

Bancontact

yes

no

eps-Überweisung

yes

yes

giropay

yes

yes

iDEAL

yes

yes

POLi

yes

no

Przelewy24

yes

no

Sofort.

yes

yes

TatraPay

no

yes

Trustly

yes

no

Alternative payments

ePay.bg

no

yes

Installment: payolution

no

yes

Installment: RatePAY

no

yes

Invoice: payolution

no

yes

Invoice: RatePAY

no

yes

Invoice by Wirecard

yes

no

moneta.ru

yes

yes

PayPal

no

yes

paysafecard

no

yes

Skrill Digital Wallet

no

yes

Direct debit

SEPA Direct Debit

yes

yes

Mobile payments

paybox

no

yes

Payment method

Collecting model

Processing model