Ratepay is available in Germany, Austria, Switzerland, and the Netherlands. It enables payment by voucher or direct debit, as well as in installments. It was founded in 2009 as a subsidiary of Otto Group, but has since split off to become an independent, white-label payment brand.

Where Ratepay is accepted, vouchers, also known as open invoices, are the most popular form of online payment, accounting for fully 30% of online orders. Merchants that offer vouchers in this area show a nearly 50% growth, attracting new customers and lowering their risk of fraud. 

Ratepay also enables direct debit, which has been shown to increase online conversion rates. The ease and simplicity of paying online, without ever leaving the merchant’s portal, means your shoppers will quickly turn into customers, with low cart abandonment rates and at little cost to you.

Finally, Ratepay allows customers to pay for purchases in installments of between 3 and 36 months. Customers are instantly approved and will find no hidden costs. 

Ratepay lets you accept payments from your customers with the help of the blockchain. This allows you to keep track of all your transactions, as well as set up recurring billing for customers who want to pay for services on a monthly basis, while keeping the transactions secure.

When a customer pays with ratepay, they are actually sending cryptocurrency through the blockchain. This means that there are no middlemen involved in the transaction and no fees associated with using the platform – just a quick and easy way to accept payments without having to worry about fraud or chargebacks.