Monieswitch vs BANKpay+ Instant Bank Payments for WooCommerce (EUR)

🚀 Transform Your Payment Processing with Instant SEPA Bank Transfers BANKpay+ for WooCommerce enables your store to accept instant SEPA bank transfers with settlement in just 7 seconds. No card fees, no chargebacks, just instant bank-to-bank payments. Accept instant SEPA payments via BANKpay+ Real-time bank transfers with 7-second settlement directly into your bank account. A secure and convenient payment method that boosts conversions and customer satisfaction. 🎯 Key Benefits ⚡ 7-Second Settlement – Get your money instantly, not in days 💰 Up to 70% Lower Fees – Save thousands compared to card processors 🛡️ Zero Chargebacks – Bank transfers are final and irreversible 🏦 3000+ Banks Supported – Works with all major European banking institutions ✅ EU Regulation Compliant – Late Payment Directive, PSD2, GDPR 🤖 AI Invoice Processing – Auto-extract payment details and send smart reminders 📱 Mobile-First Experience – Optimized for smartphone banking apps 🔄 One-Click Repeat Payments – Returning customers pay with a single tap 💡 Why Choose BANKpay+ Over Card Payments? 💰 Save Money Credit card fees: 1.5-3.5% per transaction BANKpay+ fees: Starting at 0.5% (save up to €2,500/month on €100k revenue) No monthly fees, no setup costs – free for the first 30 days! ⚡ Get Paid Instantly Settlement time: 7 seconds (vs. 2-7 days with cards) directly into your bank account. Same-day access to your money Improved cash flow management 🛡️ Zero Chargeback Risk Bank transfers are final and irreversible No fraudulent chargebacks No chargeback fees (typically €15-25 each) 😊 Better Customer Experience No card details required Works with all European banks (3000+ institutions) Mobile-first payment flow One-click payments for returning customers 👥 Who Should Use This? Perfect for: 💼 B2B businesses needing compliance with EU Late Payment Directive 🏪 Online stores serving European customers 📦 High-volume merchants wanting to reduce payment processing costs 📈 Subscription businesses needing reliable recurring payments 🏛️ Professional services (lawyers, accountants, consultants) 💰 Merchants tired of chargebacks and fraud ⚡ Businesses needing instant access to funds for better cash flow 🚀 Features 💸 Payment Processing ⚡ Instant Settlement – Money in your account within 7 seconds 💰 Low Fees – Significantly lower than card processing fees (starting at 0.5%) 🛡️ No Chargebacks – Bank transfers are final and secure 🌍 EU Coverage – Accept payments from customers across Europe ↩️ Refunds – Process refunds directly from WooCommerce ✓ IBAN Validation – Real-time validation with MOD-97 checksum (70+ countries) 🔄 Returning Customers – One-click payment with saved bank selection 🏛️ Compliance & Professional Features 💼 Professional Payment Workflows – Maintain compliance and professionalism 📅 Payment Terms Management – Track due dates and automate follow-ups 📊 Audit Trail – Complete payment history for regulatory compliance ⚙️ Admin Experience 📊 Analytics Dashboard – Comprehensive payment analytics with Chart.js visualizations 📋 Transaction Management – View all BANKpay+ payments in dedicated admin panel 📈 Payment Dashboard – Real-time statistics (today, week, month, all-time) 📉 Performance Metrics – Success rates, volume trends, and processing times 🏦 Bank Analytics – Top performing banks with usage statistics 💾 CSV Export – Download analytics data for external analysis 🔍 Order Details – Payment information displayed on order edit screen 📱 WordPress Dashboard Widget – Quick overview of payment activity 🔎 Search & Filter – Find transactions by status, customer, or order number 🔒 Security & Reliability 🔐 Bank-Grade Security – Webhook signature verification and HMAC authentication 🚦 Rate Limiting – Automatic protection against webhook abuse 🔁 Replay Protection – Timestamp validation prevents duplicate processing 🛡️ CSRF Protection – All admin actions protected with capability checks 🔒 Security Headers – CSP, HSTS, X-Frame-Options, and more 👨‍💻 Developer Friendly 🧪 Test Mode – Sandbox environment for testing ⚡ HPOS Compatible – Full support for High-Performance Order Storage ✅ WordPress Standards – Follows WordPress and WooCommerce coding standards 🔌 Extensible – Hooks and filters for customization 🔗 REST API – Public endpoint for IBAN validation 📋 Requirements ✅ WooCommerce 8.0 or higher ✅ PHP 8.0 or higher ✅ WordPress 6.0 or higher ✅ BANKpay+ merchant account (Sign up here) ⚙️ How It Works 🛒 Customer selects BANKpay+ at checkout 🏦 Customer is redirected to select their bank 📱 Customer authorizes payment in their banking app ⚡ Payment is confirmed and settled instantly ✅ Customer is returned to your store 🚀 Get Started in 5 Minutes 📥 Install – Download from WordPress.org or search in your admin panel ✅ Activate – Click “Activate” in your plugins list 🔗 Connect – Run the setup wizard (WooCommerce → Settings → Payments → BANKpay+) 🧪 Test – Place a test order to verify everything works 🎉 Go Live – Switch from test mode to live mode 💡 Easy Setup: Our guided setup wizard walks you through every step. No technical knowledge required! Translations BANKpay+ for WooCommerce is fully translated and available in 6 languages: English (en_US) – Default, 100% complete German (de_DE) – Deutsch, 100% complete (~98 strings) Italian (it_IT) – Italiano, 100% complete (~98 strings) Portuguese (pt_PT) – Português, 100% complete (~98 strings) Spanish (es_ES) – Español, 100% complete (~98 strings) Greek (el) – Ελληνικά, 100% complete (~98 strings) Contributing Translations We welcome translation contributions! You can contribute in two ways: Via WordPress.org (recommended) Visit: https://translate.wordpress.org/projects/wp-plugins/bankpay-open-banking-sepa-payments-for-woocommerce/ Translations submitted via GlotPress are automatically included in language packs. Via GitHub Fork the repository, translate the PO files in the languages/ directory, and submit a pull request. See languages/README.md for detailed translation guidelines. Translation Credits German: BANKpay+ Team (based on BANKpay+ application translations) Italian: BANKpay+ Team (professional translation) Portuguese: BANKpay+ Team (professional translation) Spanish: BANKpay+ Team (professional translation) Greek: BANKpay+ Team (professional translation for compliance market) Thank you to all translators for making BANKpay+ accessible to users across Europe! For Translators Total strings to translate: 309 – PHP strings: ~271 (admin interface, settings, error messages) – JavaScript strings: ~38 (customer-facing UI, validation feedback) Key terminology: – “Instant Bank Transfer” → “SEPA-Sofortüberweisung” (DE) – “Settlement” → “Abwicklung” (DE) – “Bank-grade security” → “Bank-Level Sicherheit” (DE) For complete translation guidelines, glossary, and context notes, see: languages/README.md in the plugin directory For Developers BANKpay+ is built with developers in mind, featuring extensive hooks, filters, and well-documented APIs for customization and integration. Architecture Design Patterns: Dependency Injection Container Repository Pattern for order operations Observer Pattern for webhook events Strategy Pattern for payment flows Key Components: WC_Gateway_BANKpay_Plus – Main gateway class extending WC_Payment_Gateway BANKpay_Plus_API – RESTful API client with retry logic BANKpay_Plus_Webhook – Webhook handler with signature verification BANKpay_Plus_Analytics – Payment metrics and reporting BANKpay_Plus_IBAN_Validator – MOD-97 validation with 70+ country support API Integration Authentication: Authorization: Bearer {access_token} X-API-Key: {api_key} X-HMAC-Signature: {hmac_sha256} Create Checkout Session: POST /api/checkout/create { "amount": 100.00, "currency": "EUR", "reference": "Order #123", "return_url": "https://yourstore.com/checkout/thank-you", "webhook_url": "https://yourstore.com/?wc-api=wc_gateway_bankpay_plus" } Webhook Payload: POST /?wc-api=wc_gateway_bankpay_plus { "event": "checkout.completed", "checkout_id": "chk_123", "payment_id": "pay_456", "status": "completed", "timestamp": "2025-01-26T15:30:00Z" } Hooks & Filters Actions (Execution Points): bankpay_plus_payment_initiated – Fires when payment initiates bankpay_plus_payment_complete – Fires when payment completes bankpay_plus_payment_failed – Fires when payment fails bankpay_plus_refund_completed – Fires when refund processes bankpay_plus_webhook_received – Fires on webhook receipt bankpay_plus_webhook_verified – Fires after signature verification bankpay_plus_webhook_failed – Fires on webhook error bankpay_plus_analytics_event – Fires on analytics tracking Filters (Data Modification): bankpay_plus_gateway_title – Customize payment method title bankpay_plus_gateway_description – Customize checkout description bankpay_plus_payment_button_text – Customize payment button text bankpay_plus_checkout_data – Modify checkout session data bankpay_plus_api_endpoint – Change API endpoint URL bankpay_plus_api_timeout – Adjust API request timeout (default: 30s) bankpay_plus_iban_valid – Override IBAN validation result bankpay_plus_bank_list_cache_ttl – Adjust bank list cache (default: 24h) bankpay_plus_webhook_rate_limit – Adjust webhook rate limit (default: 50/min) bankpay_plus_verify_webhook_signature – Toggle signature verification Code Examples Example 1: Custom Payment Completion Logic add_action('bankpay_plus_payment_complete', 'my_custom_payment_handler', 10, 2); function my_custom_payment_handler($order_id, $payment_data) { $order = wc_get_order($order_id); // Send custom confirmation email wp_mail( $order->get_billing_email(), 'Payment Confirmed - Instant Delivery', 'Your payment was processed in 7 seconds!' ); // Trigger fulfillment webhook wp_remote_post('https://warehouse.example.com/fulfill', [ 'body' => json_encode([ 'order_id' => $order_id, 'payment_method' => 'bankpay_instant' ]) ]); } Example 2: Customize Gateway Title add_filter('bankpay_plus_gateway_title', 'custom_gateway_title', 10, 2); function custom_gateway_title($title, $order_id) { return $title . ' (Money in 7 seconds)'; } Example 3: Validate Custom Business Rules add_filter('bankpay_plus_checkout_data', 'add_business_rules', 10, 2); function add_business_rules($data, $order) { // Add custom validation for high-value orders if ($order->get_total() > 1000) { $data['require_phone_verification'] = true; } // Add custom metadata $data['merchant_reference'] = get_option('custom_order_prefix') . $order->get_id(); return $data; } Example 4: Track Conversions in Analytics add_action('woocommerce_thankyou', 'track_bankpay_conversion', 10, 1); function track_bankpay_conversion($order_id) { $order = wc_get_order($order_id); if ($order->get_payment_method() === 'bankpay_plus') { do_action('my_analytics_track', [ 'event' => 'instant_payment_completed', 'value' => $order->get_total(), 'settlement_time' => '7_seconds' ]); } } REST API Endpoints IBAN Validation: POST /wp-json/bankpay-plus/v1/validate-iban { "iban": "DE89370400440532013000" } Response: { "valid": true, "country": "DE", "bank_code": "37040044", "checksum_valid": true, "formatted": "DE89 3704 0044 0532 0130 00" } Rate Limiting: 10 requests per minute per IP address Caching: Validation results cached for 30 days Algorithm: MOD-97 checksum validation for 70+ countries Database Schema Analytics Table: {$wpdb->prefix}bankpay_plus_analytics CREATE TABLE wp_bankpay_plus_analytics ( event_id BIGINT AUTO_INCREMENT PRIMARY KEY, order_id BIGINT NOT NULL, checkout_uuid VARCHAR(100), event_type VARCHAR(50) NOT NULL, event_timestamp DATETIME NOT NULL, order_total DECIMAL(10,2), currency VARCHAR(3), customer_email VARCHAR(100), bank_connector_id INT, bank_name VARCHAR(255), processing_time_ms INT, is_returning_customer TINYINT(1), user_agent_hash VARCHAR(64), INDEX idx_order_id (order_id), INDEX idx_event_type (event_type), INDEX idx_event_timestamp (event_timestamp) ); Testing PHPUnit Test Suite: cd wp-plugin/bankpay-plus-woocommerce composer install ./vendor/bin/phpunit --testsuite unit ./vendor/bin/phpunit --testsuite integration Code Quality: composer phpcs # Check WordPress coding standards composer phpcbf # Auto-fix coding standards composer phpstan # Static analysis (level 8) Makefile Commands: make test-all # Run all tests make lint # Check coding standards make format # Auto-fix code style make phpstan # Static analysis Security Considerations Webhook Signature Verification: Automatic HMAC SHA-256 verification ensures webhook authenticity. Invalid signatures are rejected with HTTP 403. Rate Limiting: Webhooks: 50 requests/minute per IP IBAN validation: 10 requests/minute per IP Automatic blocking with exponential backoff Data Protection: All input sanitized with sanitize_text_field(), sanitize_url() All output escaped with esc_html(), esc_url(), esc_attr() No sensitive data in logs (automatic redaction) GDPR compliant (SHA-256 hashing for personal data) Documentation In Plugin Directory: README.md – Quick start and overview DEVELOPER_GUIDE.md – Architecture and contribution guidelines API_INTEGRATION_GUIDE.md – Step-by-step API integration TESTING_GUIDE.md – Unit, integration, and E2E testing WARP.md – AI assistant integration guide Online Resources: GitHub: https://github.com/k42/WooCommerce API Docs: https://docs.bankpay.plus/api Support: https://wordpress.org/support/plugin/bankpay-open-banking-sepa-payments-for-woocommerce/ Contributing We welcome contributions! Please see CONTRIBUTING.md in the plugin directory for: Code style guidelines (WordPress + WooCommerce standards) Testing requirements (PHPUnit coverage) Pull request process Security disclosure policy Found a bug? Report it on the WordPress.org support forum

Monieswitch is a simple and secure payment gateway integration for WooCommerce, enabling seamless transactions with a variety of features. Currently, it supports payment via bank transfer and will soon add more options like credit card payments. With Monieswitch, merchants can provide customers a flexible and secure way to pay. Features Popup payment interface for secure transactions. Customizable settings for merchant preferences. Order management with the option to automatically mark orders as complete. Customizable transaction channels (currently supports bank transfer). Configurable bearer options for fee management. Integration with WooCommerce for easy setup and management. Customer Info Submission: Allows the submission of customer information (phone number) as part of the payment process. Shortcode Support: Use a customizable shortcode to integrate the Monieswitch payment button anywhere on your site. Detailed Logs: Access detailed logs for troubleshooting by checking the Monieswitch transaction logs. Bearer Options: Choose who will pay the transaction fee – merchant, customer, or subaccount. External Services This plugin connects to Monieswitch’s payment processing API to facilitate secure payment transactions. Monieswitch Payment API What the service is and what it is used for: The plugin connects to Monieswitch’s payment processing service to initialize and verify payment transactions. This service is necessary for processing payments through the Monieswitch gateway. What data is sent and when: * Customer information (email and optionally phone number) is sent when initializing a payment. * Transaction details including amount, currency, and reference are sent when processing a payment. * The plugin communicates with Monieswitch servers (https://collect.monieswitch.com and https://nini.monieswitch.com) to load payment scripts and process transactions. Service Terms and Privacy: * Terms of Service: https://monieswitch.com/terms * Privacy Policy: https://monieswitch.com/policy