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

NATS Launches Integrated Content Management System

Too Much Media (TMM) has rolled out an integrated, no-charge Content Management System (CMS) to its NATS platform.

AEBN Reveals Avery Lust as Top Trans Star for Q3 of 2025

AEBN has published its top trans stars list for the third quarter of 2025, with Avery Lust landing atop the leaderboard.

FSC: California's Device-Based AV Law Does Not Apply to Adult

The Free Speech Coalition (FSC) put out an advisory today explaining that California's new device-based age verification law does not apply to adult websites.

Reena Sky Launches New Paysite

Reena Sky has launched her new official paysite, ILoveReenaSky.com.

NextGen Payment Joins ASACP as Corporate Sponsor

NextGen Payment has signed on as the latest corporate sponsor for the Association of Sites Advocating Child Protection (ASACP).

Lauren Phillips, Derek Kage Cap AEBN's Top Stars for 3rd Quarter of 2025

AEBN has revealed its most popular performers in straight and gay theaters for the third quarter of 2025.

XBIZ 2026 Conference to Debut All-New Company Lounges, Community Track

The event website for XBIZ 2026 is now live, unveiling details for North America’s largest adult industry conference, including two all-new show features: Company Lounges and a Community Track.

Mymember.site Integrates VR Functionality

Mymember.site has added virtual reality playback capability to its website management platform.

Texas Patti to Launch Fetish Platform 'EmpireDom'

Performer and content creator Texas Patti is launching a new platform for doms and fetish creators, EmpireDom.com.

Ohio AG Threatens Action Against 'Major' Adult Sites Over AV Law

Ohio Attorney General Dave Yost announced today that his office is sending "notice of violation" letters to 19 adult websites for failure to comply with the state's recently enacted age verification law.

Show More