VISA Electron 
Accept VISA Electron payments in your webshop
VISA Electron is a debit card with over 394 million users worldwide, and is particularly well-represented in Spain, most Western European countries, Latin America, the Asia-Pacific region, the Middle East and Africa. Thanks to an array of ‘built-in’ security functions, which send a warning if the purchase amount is too high, this debit card is especially popular among students, start-up companies and people with a limited budget.
The difference between this card and other VISA debit cards is that in order to pay using the VISA Electron card, the amount due must also be available in the linked bank account balance. With other VISA debit cards, it is possible to use the card to make payments which exceed the balance available, up to a pre-determined limit.
How To
1. Select and request the account type that best suits your business needs.
2. Your account will immediately be ready for implementing and testing, however extra actions are required before going live.
3. Your account can go live once you have successfully finished testing and when your request is officially approved by ICEPAY.
NB: A special request procedure is required for AfterPay, credit card, SOFORT Banking, SEPA Direct Debit recurring and paysafecard. Please note that this process may take several weeks. Once your account goes live, you will be able to offer all available payment methods (per account type) in your webshop, except for the aforementioned. These specific payment methods will only be made available to you once your request is officially approved.
Advantages and Possibilities
VISA Electron provides you with the opportunity to offer a method of payment in your webshop that is frequently used worldwide. Once you have completed the application procedure for credit cards (VISA/MasterCard), you will also be able to offer VISA Electron in your webshop. Since VISA Electron is owned by VISA, it may thus be offered under the same terms and conditions. This also ensures that the same high standard of security applies as that of the VISA credit cards.
The advantages of VISA Electron for your webshop:
- You are able to reach a large group of consumers worldwide;
- Once approved for VISA/MasterCard with ICEPAY, you have a direct option for VISA Electron;
- Weekly payments;
- Option for protection from fraud using 3-D Secure.
How it works for your customers
For your customers, paying with VISA Electron works the same as with any other credit card.
All your customer has to do is:
- Choose a product in your webshop;
- Choose VISA Electron as the payment method;
- Select their own bank;
- Execute the payment and approve it via the secure bank environment and method of payment;
- The payment is complete.
Payments for your VISA Electron transactions are not handled by ICEPAY, but by our supplier. These payments are made on a weekly basis. If you would like further information on payments or the implementation of VISA Electron, please contact us.
MasterCard and VISA have developed a security system to fight credit card fraud. This system is called 3-D Secure. In order to ensure that all of your VISA and MasterCard credit card payments, including VISA Electron, are handled in an even more secure manner, ICEPAY offers this system as one of its products.
This payment method is available
- Worldwide