German Study Notes DIRECTebanking’s Growth

GAUTING, Germany — The E-Payment Barometer, a study in payment methods in Germany carried out in December by the ibi Research Group at the University of Regensburg, has quantified the growing utilization of DIRECTebanking’s alternative payment methods.

According to the report, 31 percent of all traders who report up to 500,000 euros of annual turnover use DIRECTebanking.com. Of the larger traders who register more than 500,000 euros of annual turnover, 36 percent use the services of DIRECTebanking.com.

The company said that similar results were reported in the EuPD/PayPal study in October.

According to ibi, DIRECTebanking.com also can reckon with a strong growth rate in the future. Another 16 percent of the smaller traders and 17 percent of all larger traders plan to offer DIRECTebanking.com in the future, and it can be projected that these percentages will increase to 14 percent and 22 percent with the projected stronger growth rate.

“This outstanding result emphasizes the necessity of our alternative payment methods for any business plan,” said Sascha Winkler, executive director of strategy. “Our customers and partners work much more profitable by responding and adapting to regional needs and habits. For any international business, not offering sofortüberweisung.de would be like not accepting EUR currency.”

Payment Network AG said it would react to the demand within the first half of 2011 with its own product for purchasing on invoice, including payment guarantee and fast resource availability.

"We are enthusiastic about the development of Payment Network AG,” said Christoph Klein, Payment Network founder and CEO. “In only five years we have created an enterprise which has reached a leading position amongst direct transfer procedure suppliers with a team of about 70 employees, with over 15,000 partners, and more than 1 million transactions per month. The push in innovations and adjustment to the customer requirement for e-commerce has continued apace. I would like to take this opportunity to warmly thank my highly qualified employees as well as our long-standing partners.”

The Payment Network AG payment systems DIRECTebanking.com, Directabo.eu, DirectDebitPay.com and the online verification system Directident.eu all offer innovative products for the secure purchasing of goods and digital equipment on the Internet.

Related:  

Copyright © 2026 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Segpay Partners With Corey Silverstein for Legal Services

Segpay has partnered with adult industry attorney Corey D. Silverstein for specialized legal compliance and policy support for its merchant network.

AEBN Reveals Kasey Kei as Top Trans Star for Q2 of 2026

AEBN has named its top trans stars for the second quarter of 2026, with Kasey Kei landing atop the leaderboard.

Missouri Governor Signs Bill Making AV Regulations State Law

Missouri Governor Mike Kehoe signed a bill into law on Thursday requiring adult websites to age-verify users in the state, finalizing a legislative “stamp of approval” for AV rules after Missouri’s attorney general unilaterally imposed similar regulations last year.

Utherverse Launches 'Adult Game Fest' Virtual Convention

Virtual reality and metaverse technology company Utherverse is launching its inaugural Adult Game Fest convention and trade show, taking place Sept. 24-26.

Ofcom Fines Fapello $845,000 for AV Noncompliance

U.K. media regulator Ofcom on Thursday imposed a fine of 630,000 pounds (about $845,000) against adult website fapello.com for failing to comply with provisions of the Online Safety Act.

KiwiSourcing Joins Pineapple Support as Sponsor

Outsourcing and consulting firm KiwiSourcing has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

AdultHTML Introduces AI-First Development Services

AdultHTML has introduced an AI-first development service, giving clients access to experienced software developers who use AI to streamline software development.

Texas Court Orders Adult Site Domain Locked for AV Violations

A district court in Texas has issued a writ requiring domain registry Verisign to “lock” an adult website’s domain over noncompliance with the state’s age verification law.

Adult Web Hosting Service 'QloudHost' Launches

QloudHost, a new web hosting service for adult websites, has launched.

Peter Hooke Launches New Paysite

Peter Hooke has launched an official website through PAYSITE.

Show More