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Pay by Bank (LI)
Pay by Bank in Liechtenstein enables account-to-account payments through local banking infrastructure. It is relevant for digital services, invoices, business payments and cross-border commerce. For merchants and PSPs, supporting Pay by Bank helps provide a secure local payment option in a market closely connected to European banking flows.
Method
Pay by Bank (LI)
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
No
Authorization currency
CHF
Authorization
speed
speed
Instant
Recurring
N/A
N/A
