Whether purchase on account, direct debit, instant transfer or PayPal: Redprintgroup, the online printing brand of Druckhaus Mainfranken that was launched in 2021, is now processing the payment methods it offers via CrefoPay. With the service from Creditreform and Berlin-based CrefoPayment GmbH & Co. KG, online retailers will be able to configure their risk management individually and thus prevent payment defaults and possible fraud.
Meanwhile, nothing changes for customers: they can choose their preferred payment method from the four listed – and thus from the most popular payment methods in Germany. Incidentally, if last year’s Bitkom study is to be believed, it is no longer the classic purchase on account that is the most popular payment method for Germans when shopping online, but the use of online payment services such as PayPal or Klarna. For online print shops, it is important to keep an eye on these developments and ideally give customers the choice. Even if this means that payment is only made after the goods have been produced and shipped – which is of course desirable from the customer’s point of view, but can also be critical from the manufacturer’s point of view.
After all, online retailers – and online print shops are no exception – must also minimize their own risk. And this is precisely where the payment service provider CrefoPay comes in. This is because it offers the advantage of a real-time credit check that can be set as required via risk management and in terms of various criteria/parameters, such as limits or frequency checks. This should at least reduce payment failures and still allow the most common payment methods to be offered – including those that operate on a “buy now, pay later” basis. The Redprintgroup is leading the way.