10 Best Payment Gateways for Local European Bank Transfers

In this article, we will talk about European Consumers’ Payment Gateways of Choice. European consumers value convenience.

Quick and reliable transfers directly from consumer banks while meeting all payment security and compliance requirements are very important for any gateway.

From SEPA direct debit transfers to instant payment transfers, such gateways enhance consumer trust, reduce payment friction, and facilitate cost-effective cross-border transactions.

Key Points & Best Payment Gateways Supporting Local European Bank Transfers

Payment Gateway	Key Point
Adyen	Supports iDEAL, Bancontact, Sofort, SEPA transfers
Stripe	Open Banking integrations, SEPA Direct Debit, instant payouts
Worldline	Strong presence in EU with Bancontact, Giropay, iDEAL support
Mollie	Specialized in local EU methods like iDEAL, Klarna, SEPA
PayU	Focus on Central/Eastern Europe with BLIK, Przelewy24
Checkout.com	Wide coverage of EU local schemes and Open Banking APIs
Rapyd	Global network with strong EU local bank transfer support
Trustly	Instant bank-to-bank transfers via Open Banking across EU
Skrill	Supports SEPA, Sofort, and wallet-to-bank transfers
Wise Platform	Cross-border and local EU transfers with low fees

10 Best Payment Gateways Supporting Local European Bank Transfers

1. Adyen

Adyen offers the highest level support for local banking transfer methods in Europe asn is unrivaled in the induastry for that support.

Adyen offers support for iDEAL direct real time online banking payments with arbitary chargeback issues that are resolved over time.

Adyen also offers support for SEPA Direct Debits in most of the EU which allows merchants to collect one time or recurring payments from customers via direct banking for sterlized cross borded euros.

Moreover, with “open banking / pay-by-bank” Adyen provides users, in a white-label format, a bank to direct payment system that allows users to pay from any bank using a less frictional system as quik codes for logging in, which is conversion optized.

Adyen is also able to make local payment settlements across many geographies and currencies which allows businesses a more optimal system to make cross border settlements.

Feature	Description
Local Bank Transfer Support	Supports SEPA Direct Debit, iDEAL (Netherlands), Bancontact (Belgium) for euro payments.
Currency Support	EUR and multiple currencies with local settlement.
Payouts	Supports local bank account payouts across EU, reducing cross-border fees.
Integration	Single API handles cards, wallets, and bank-based payments.
Fraud & Risk Management	Built-in risk tools reduce chargebacks for direct bank payments.
Settlement Speed	SEPA and local transfers settled quickly, 1–3 days on average.

2. Stripe

As of October 2023, Stripe enables local European bank transfers using the SEPA Direct Debit and bank-transfer (EUR/SEPA) methods

Which allows merchants to accept payments directly from customers’ European bank accounts without cards.

Customers enter their IBAN to authorize a mandate, and, depending on the payment type, Stripe takes care of the rest.

Stripe supports total and partial refunds, and dispute management for SEPA payments. Stripe facilitates transfers and SEPA payments together with cards and wallets, and streamlines this across a single dashboard and API.

This feature allows merchants to avoid using multiple payment providers. This advantage, among others

Illustrates why Stripe excels at handling cross-border European e-commerce, subscriptions, and EU-targeted services.

Feature	Description
Local Bank Transfer Support	SEPA Direct Debit, SEPA Credit Transfer for EU customers.
Recurring Payments	Supports subscriptions using SEPA Direct Debit.
Unified API	Single integration for cards, wallets, and bank transfers.
Refunds & Disputes	Full and partial refunds, plus dispute handling for SEPA payments.
Currency & Settlement	EUR payments, local settlement across the Eurozone.
Conversion	Handles cross-border SEPA transfers efficiently.

3. Worldline

Worldline has become one of the major payment gateways supporting local European bank transfers due to the recent launching of the product, Bank Transfer, by Worldline.

This account-to-account payment initialized via SEPA Credit Transfer (SCT) is available in 14 European countries

Austria, Belgium, Germany, France, Italy, Netherlands, Spain, and others, with more to be added by 2024. The solution is connected to around 2,500 issuing banks and supporting multiple currencies

Which allows online banking to merchants to receive bank transfers in real time or in a standard time. For the merchants, it is easy, as the integration is simply sending one parameter to commence a transfer.

The payment gateway allows fast settlement (real-time if transfer is instant, and less than two business days if it standard), and the payment can be partially or fully refunded. This is all useful for e-commerce, high value transactions, invoices, and recurring payments.

Feature	Description
Local Bank Transfer Support	SEPA Credit Transfer, SEPA Direct Debit across 14+ EU countries.
Bank Coverage	Connects to 2,500+ banks, supporting domestic-style transfers.
Settlement	Real-time or standard transfers (2 business days).
Refunds	Full or partial refunds supported.
Recurring Billing	SEPA Direct Debit with mandate management for subscriptions.
Risk Management	Shorter contestation period reduces fraud exposure.

4. Mollie

Mollie is a major actor in the European payments landscape, assisting customers in several European nations in accepting local bank transfers and payments through the SEPA mechanism.

Mollie offers bank transfers through the SEPA mechanism for clients in 34 EU member states, allowing sellers to obtain credit transfers in euros from the debtor’s account.

Merchants need only a couple of minutes to activate this functionality, and Mollie has a very low charge for each SEPA transfer.

In addition to one-off transfers, Mollie offers configuration of SEPA Direct Debit, which is useful for payment subscriptions and recurrence in billing, and is available in almost all areas in the SEPA Region.

Through a single interface, Mollie provides a variety of European payment mechanisms such as Trustly, Pay-by-Bank, and direct payments, allowing sellers to alleviate their operational burden and reduce integration costs.

Popular e-commerce systems integrated, with seamless API integration and refunding built in, allows small to mid-sized businesses to operationalize bank payment mechanisms to customers throughout Europe at minimal costs.

Feature	Description
Local Bank Transfer Support	SEPA Bank Transfer and SEPA Direct Debit across 34+ European countries.
Quick Setup	Enable SEPA Bank Transfer in minutes.
Recurring Payments	Ideal for subscription billing.
Unified Payment Platform	Supports iDEAL, Bancontact, Trustly, Pay‑by‑Bank, and more.
Transparent Pricing	Pay-per-transaction model, no hidden fees.
API & Integration	Easy integration with major e-commerce platforms.

5. PayU

PayU provides some parts of Europe with the online banking and bank transfer payment choices with the service called PayU Europe.

It facilitates online bank payments and bank account payments in select countries such as the Czech Republic and Poland and in some of the Central/Eastern European markets.

PayU enables merchants to get payments easily without card payments as through local bank payment methods, and in some cases, via open banking/instant transfer methods, the payment is obtained directly from the customer’s bank account.

PayU is also helpful in cross border e commerce as it allows merchants to receive transfers to both local and international bank accounts, including Euro accounts from Polish banks.

Feature	Description
Local Bank Transfer Support	Online bank transfers in Poland, Czech Republic, and Central/Eastern Europe.
Currency	EUR transactions supported.
Instant Transfer Methods	Open banking-based instant payments.
Payout Options	Funds can settle to domestic or foreign EUR bank accounts.
Integration	Supports e-commerce and subscription payments.
Regional Focus	Strong in Central/Eastern European markets.

6. Checkout.com

Checkout.com can accept SEPA Direct Debit and SEPA Credit Transfer and SEPA B2B for business payments for customers and companies across the Eurozone.

Their unified API enables merchants to accept payments, and/or subscriptions that recur based on a single integration. Checkout.com can accept popular European based payments.

This enables merchants to capture spend from customers that prefer payments to be made via direct bank transfer or other local payment alternatives other than a credit card.

For European e‑commerce that is looking to offer bank-transfer payments, Checkout.com is a strong elternative because of the conbimation of global acquiring, fraud tools, advanced reporting and flexible payouts offered.

Feature	Description
Local Bank Transfer Support	SEPA Direct Debit, SEPA Credit Transfer, SEPA B2B.
Recurring Payments	One-time and subscription billing supported.
Local European Methods	iDEAL, Bancontact, EPS, Giropay.
Global Acquiring	Supports multiple currencies and cross-border payments.
Fraud Protection	Built-in tools and monitoring for bank transfers.
Unified API & Dashboard	Single platform for bank and card payments.

7. Rapyd

Rapyd is a fintech through service provider that offers merchants the ability to accept payments from bank transfers and other European local payment methods, along with cards and e-wallets all with one integration.

It accommodates bank transfer and SEPA payments (including SEPA Credit Transfers and SEPA Direct Debits) throughout the entirety of the SEPA zone — permitting euro payments as domestic transfers.

Rapyd offers multiple currency business accounts with virtual account support — allowing merchants to receive, hold, and settle global payouts from received funds (in EUR or another currency).

Given that Rapyd offers 900+ methods of payment with the ability to make payouts in 190 countries, merchants now have local bank accessibility with global reach.

Feature	Description
Local Bank Transfer Support	SEPA Credit Transfer and SEPA Direct Debit across SEPA zone.
Multi-Currency Accounts	Hold funds in EUR and other currencies.
Global Payouts	Supports payouts to over 190 countries.
Unified Payment Platform	900+ payment methods under one API.
Recurring Payments	SEPA Direct Debit for subscriptions.
Cross-Border Commerce	Simplified payments for global merchants.

8. Trustly

Based in Sweden, Trustly is an open-banking payments provider that facilitates direct payments by customers in Europe via real-time, A2A transfers without needing a card.

Trustly integrates over 6,300 European banks and services more than 33 regions allowing businesses to receive payments in euros, British pounds, Swedish krona, Norwegian krone, etc.

Trustly’s infrastructure’s ability to perform instant transfers allows over quicker and frictionless checkout experiences compared to payments done via manual transfers and other card methods.

Trustly’s risk management and fraud protection sevice, Azura, further acceler and streamlines cardless payments.

Feature	Description
Direct Bank Transfers	Real-time account-to-account transfers across 33+ European markets.
Currency Support	EUR, GBP, SEK, NOK, and others.
Instant Settlement	Payments typically complete within seconds.
Bank Coverage	Connects with over 6,300 banks.
Fraud Prevention	Built-in risk engine (Azura) for secure payments.
Use Case	Ideal for e-commerce, gaming, and financial services.

9. Skrill

Skrill, operating as part of Paysafe, offers several banking/payment options in Europe, including the Rapid Transfer (bank) payment method, as well as bank-transfer payment options.

Merchants and users can deposit money into their bank accounts (and often at no charge) which is an efficient method for customers who prefer bank payments over card payments and/or for larger payment amounts.

Skrill completes and supports bank payout transfers in over 40 different currencies and bank accounts in different countries are credited to accounts within 24 to 72 hours.

An account with Skrill, given the wallet, the local bank transfer, and global payout options, is ideal for European payments, international payments, and cross-border commerce.

Feature	Description
Bank Transfer Support	Rapid Transfer, pay-by-bank options across Europe.
Wallet Integration	Supports Skrill wallet for seamless transfers.
Global Payouts	Send funds to 40+ countries in multiple currencies.
Transaction Speed	24–72 hours for bank settlement.
Large Payments	Suitable for higher-value transfers without cards.
Cross-Border Capability	Supports international e-commerce and banking.

10. Wise Platform

Wise Platform gives businesses and fintechs the opportunity to access fast and low cost bank transfers and multi-currency accounts all across Europe and beyond.

With Wise, consumers are able to receive local account details with European IBANs and in multiple currencies so customers can receive transfers as if they are doing a domestic transfer, even if the sender is in another country.

The system is designed to use local banking frameworks and a ‘currency-pool/matching’ model to facilitate transactions which helps in minimizing transfer costs and avoiding hidden fees.

Wise Platform is highly effective for businesses with operations across multiple European countries due to the global transactions, bulk payments, use of integrations to transfer functionality, and access to currency conversion at interbank rates.

Feature	Description
Local European Accounts	Provides IBANs in multiple currencies (EUR, GBP, etc.) for domestic-style payments.
Low-Cost Transfers	Uses local banking rails, avoids hidden fees.
Batch Payments	Send multiple payouts at once efficiently.
Currency Conversion	Mid-market rates with transparent fees.
Global Payouts	Supports transfers to 80+ countries.
API Integration	Embed payments and account management into business systems.

Conclusion

In closing, it is essential for businesses aiming for the European clientele to choose a payment gateway that can process local bank transfers.

Adyen, Stripe, Worldline, Mollie, PayU, Checkout.com, Rapyd, Trustly, Skrill, and Wise Platform are option that offer dependable SEPA and local bank payments to settle

As well as recurring billing and cross-border payments. Picking a proper provider guarantees customers a dependable and safe payment solution that will enhance conversions and payment trust.

FAQ