OTP Bank

The OTP Bank extension provides a payment gateway for customers of OTP Bank, the largest bank in Hungary. Those who hold an OTP Bank Card can shop at your site without worrying about other modes of payment. The card details are entered at the time of checkout. These details are verified by the OTP payment gateway and the customer receives confirmation of a successful transaction from both the bank and your store.

At present, there is no official OTP Bank payment module authorized by the bank for Magento. This is the first and only Magento extension that enables customers to use their OTP Bank internet card for online shopping. It provides a secure interface for communication, transaction control and feedback banking transactions at any Magento store.

The site administrator can pre-configure this extension with settings for Shop ID, Forint / Euro currency and encryption files, and enable the payment interface. All the order information will be forwarded to OTP bank for confirmation of payment.

Features:

• Payment option displayed at checkout
• All settings are provided by OTP bank, thereby assuring security of transaction
• Customer enters card details on bank interface
• Lowers information overhead
• Instant confirmation of transaction and payment

Benefits:

• An additional option for payment
• Ease of use and trustworthy mode of payment