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 © 2025 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

Sansyl Group Acquires Blue Donkey Media

Sansyl Group, parent company of AdultPrime Network, has acquired Blue Donkey Media B.V., owner of Dutch adult site Meiden van Holland, among several other erotic websites and television channels.

Pineapple Support to Hold Mental Health Summit

The annual Pineapple Support Mental Health Summit is taking place Dec. 15-17.

Ofcom Fines AVS Group $1.3 Million for AV Noncompliance

U.K. media regulator Ofcom on Wednesday imposed a penalty of one million pounds, or approximately $1.3 million, on AVS Group Ltd. after an investigation concluded that the company had failed to implement robust age checks on 18 adult websites.

Updated: Aylo to Help Test EU Age Verification App

Pornhub parent company Aylo plans to participate in the European Commission’s pilot program for its “white label” age verification app, a spokesperson for the company has confirmed.

Missouri Lawmaker Attempts to Revive 'Health Warnings' for Adult Sites

A Missouri state representative has introduced a bill that would require adult sites to post notices warning users of alleged physical, mental, and social harms associated with pornography, despite a previous federal court ruling against such requirements.

New Age Verification Service 'BorderAge' Launches

French startup company Needemand has officially launched its subscription-based age verification solution, BorderAge.

Ruling: Italy's 'Porn Tax' Applies to All Content Creators

Italy’s tax revenue agency has ruled that the nation’s 25% “ethical tax” on income generated from adult content applies even to smaller independent online content creators.

Proposed New Hampshire AV Bill Appears to Violate Constitution

A bill in the New Hampshire state legislature, aimed at requiring adult sites to age-verify users in that state, contains a provision that seemingly contradicts the Supremacy Clause in Article VI of the U.S. Constitution.

AEBN Publishes Report on Fetish Trends

AEBN has published a report on fetish categories from its straight and gay theaters.

Online Child Protection Hearing to Include Federal AV Bill

A House subcommittee will hold a hearing next week on a slate of bills aimed at protecting minors online, including the SCREEN Act, which would make site-based age verification of users seeking to access adult content federal law.

Show More