Contents
1 min read
About: The video is about the brand new payment service Kevin, that makes a revolution in merchants’ payment system.
Video details & Credits:
- Duration: 50 seconds
- Format: 2d info graphics and animation
- Type: Animated Explainer Video
- Client: Kevin Pay
- Production: Darvideo Animation Studio | darvideo.tv
- Timing: 3 week
Story: Traditional online payments work like this. The merchant makes a sale. The customer pays by card. And this is when the fees begin ... The merchant has to pay a gateway fee ... a transaction processing fee ... and a bank fee. After 3 to 5 days, the money finally lands in the merchant's account - minus the fees, of course. The whole process is slow and expensive. But that's all changing, thanks to kevin.'s groundbreaking payments infrastructure. kevin. cuts out the middlemen.
Customers pay straight from their accounts using a bank API. Merchants get the money instantly, and with up to 90% lower fees. For customers, the process is easier and faster. Those using a debit card are automatically given the option to switch to a bank payment. And for merchants, it's much, much cheaper. In fact, this payment method could save merchants in Europe over €7 billion in fees every year. Meet kevin., the PSD2 payment infrastructure beating the card networks on quality, safety and price.
