Pay by Bank in Luxembourg for online stores and B2B payments
Offer bank-authorised checkout with Wallid and connect the payment result to your order or invoice. Explore Luxembourg paying-account channels, compare Wero and SEPA transfer workflows, and see the EUR cost at different order values.
Open-banking checkout for Luxembourg customers
Pay by Bank initiates a payment from the customer's bank account through a bank-authorised checkout. The buyer chooses a bank and approves a prepared payment; the result is associated with the purchase through the store integration.
For a Luxembourg store, distinguish three questions: where your business is registered, where the buyer's account is held, and which payment service the checkout uses. A Luxembourg-registered merchant selling to French, Belgian or German customers needs a customer-account view of coverage, rather than assuming the company's address determines every paying bank.
Pay by Bank, Wero and the former Payconiq service
Wero has replaced Payconiq in Luxembourg. Merchants comparing an older Payconiq setup should assess the current Wero acceptance arrangement, rather than treat Payconiq as a separate new integration to launch.
| Option | Payment and purchase workflow | What to compare |
|---|---|---|
| Wallid Pay by Bank | Bank selection and authorisation connected to the store's order or invoice. | Payer-account channels, integration, status handling and full EUR cost. |
| Wero, following Payconiq | A separate account-based payment service with participating banks and merchant acceptance providers. | Current acceptance agreement, customer reach, merchant tariff and refunds. |
| Manual virement bancaire / SEPA transfer | The buyer sends money using your business bank details or invoice instructions. | Bank charges, payment reference, receipt matching and unpaid-order handling. |
| Another bank-transfer checkout provider | A provider supplies its own payment instructions or bank-authorised journey. | Exact product, percentage or capped fees, status definitions and funds availability. |
Wallid Pay by Bank and Wero are separate offerings. Adding Wallid does not add Wero acceptance or migrate an existing Payconiq agreement. Compare the actual checkout and contract your store needs.
EUR pricing for Luxembourg merchants
Wallid's standard EUR fee is 1% + €0.30 per successful payment. A successful refund is charged separately at 1% of the refunded amount + €0.30. Applicable VAT and platform fees are additional; Shopify third-party transaction fees may also apply.
| Order value | Calculation | Standard payment fee |
|---|---|---|
| €100 | €1.00 + €0.30 | €1.30 |
| €2,000 | €20.00 + €0.30 | €20.30 |
| €10,000 | €100.00 + €0.30 | €100.30 |
These examples show payment fees, not transaction limits. Compare the same order values, monthly volume and refund assumptions. A fixed-fee or capped alternative can cost less on larger orders; bank-authorised checkout does not automatically mean the lowest price. Higher-volume pricing can be discussed. See Wallid pricing.
For a €10,000 professional-equipment order, the standard Wallid fee is €100.30 before applicable extras. A capped transfer product or manual invoice payment may cost less. The comparison should also account for the payment journey, references, order status and refund operations your team needs.
A bank-payment journey for a store or B2B portal
A multilingual store can present its purchase information in the customer's language while keeping one amount and reference throughout the payment journey.
| Step | Payment workflow |
|---|---|
| 1 | Create the order or invoice with its EUR amount and reference. |
| 2 | Start the bank-payment journey and let the buyer select the relevant bank channel. |
| 3 | Have the customer authorise the prepared payment through banking. |
| 4 | Associate the returned status with the purchase and reconcile the receipt. |
For a custom portal, use the payment-session and status-notification workflow of the integration. Returning to the store after banking and receiving a confirmed payment status should not be treated as the same technical event. Keep pending, failed and repeated attempts understandable to staff.
Virement instantané and merchant funds availability
A virement instantané is an instant transfer. SEPA Instant can execute an eligible euro transfer within seconds, including outside banking hours. It describes the transfer route rather than a merchant checkout contract.
Distinguish bank authorisation, the status passed to your store and money available in the receiving account. Those distinctions matter when releasing a valuable order or recognising an invoice as paid; the label “instant” alone does not define every event in the purchase flow.
Corporate bank channels, larger invoices and cross-border buyers
Luxembourg's directory includes retail, private-banking and corporate channels. A larger number of named channels does not mean a larger consumer audience: separate personal and company channels can belong to the same bank.
For a company purchase, the employee placing the order may need a treasury colleague or second signatory to approve payment. Preserve the invoice reference and amount through that process. A Business account label alone does not mean every approval policy follows a single-person consumer checkout.
An international buyer's country and paying account can differ from your business registration. Keep that payer-account distinction when planning Benelux and wider European sales. Bank-authorised payment collects an amount; it does not provide invoice financing or replace the buyer's procurement process.
Specialist and higher-risk online businesses
For specialist B2B suppliers, supplement retailers and other higher-risk ecommerce businesses, evaluate bank payment alongside your existing checkout. Separate product restrictions from high basket value and monthly volume; one does not determine the others.
The operational goal is a traceable order-to-payment relationship with clear fulfilment and refund handling. Explore Wallid for specialist and high-risk merchants for that wider use case.
Choose your integration
| Your setup | Payment workflow | Explore |
|---|---|---|
| Shopify store | Bank-authorised checkout linked to the purchase. | Pay by Bank for Shopify |
| WooCommerce store | Bank payment, order status and refund operations. | Pay by Bank for WooCommerce |
| Custom store or B2B portal | Payment sessions, status notifications and order or invoice references. | Wallid Payment API |
Bank-account connections in Luxembourg
Explore paying-account connections and corporate channels. Personal and Business labels refer to the account channel; they do not describe the number of unique banks or consumer market share.
18 bank connections
Banque de Luxembourg
Personal · Business
Banque Transatlantique
Personal · Business
BGL BNP Paribas
Personal · Business
BIL
Personal · Business
DNB
Personal · Business
Eurobank Private Bank
Personal
Handelsbanken
Personal
Handelsbanken Corporate
Business
HSBCnet
Business
ING
Personal · Business
ING Wholesale Banking (InsideBusiness)
Business
Julius Baer
Personal · Business
N26
Personal · Business
Raiffeisen
Personal · Business
Revolut
Personal · Business
SEB Luxembourg
Personal · Business
Societe Generale Corporate
Business
Spuerkeess
Personal · Business
No matching bank connection found. Try another bank name or clear your filters.
Pay by Bank Luxembourg FAQ
No. Wallid Pay by Bank and Wero are separate payment offerings, with different integrations and merchant arrangements. Wallid does not add Wero acceptance automatically.
Payconiq has been replaced by Wero in Luxembourg. Assess the current Wero acceptance product when comparing that local option with Pay by Bank or a transfer workflow.
The relevant coverage is the buyer's paying account, not simply the country where your company is registered. Use the appropriate country directory for customers paying from elsewhere.
Not necessarily. A company may require a different login channel, signing authority or multiple approvers. The directory keeps separately named corporate channels distinct.
Wallid's standard EUR fee is €1.30: 1% of €100 plus €0.30, before applicable VAT and platform fees. Successful refunds are separate.
The standard tariff shown here is 1% + €0.30 per successful EUR payment; no fixed cap is stated. Higher-volume pricing can be discussed separately.
It may be. Compare bank charges and reconciliation work with the complete checkout-provider fee at the same order value and volume.
Wallid offers WooCommerce and Shopify integrations plus an API for custom payment flows. Connect the payment result to the relevant order or invoice.
Transfer execution and your fulfilment decision are different events. Use the reported payment status and funds-receipt workflow rather than the buyer's return screen alone.
A successful EUR refund costs 1% of the refunded amount plus €0.30, charged separately from the original payment. Refund initiation does not itself establish when the customer receives the money.
Onboarding for your Luxembourg checkout
During onboarding, Wallid confirms merchant eligibility, bank-account availability and the payment setup, including currency, route, applicable limits and corporate signing requirements. Include your business activity, product range and expected payment volumes for a specialist or regulated store.
Add Pay by Bank to your checkout
See how Wallid can fit your store, order values and payment volumes.
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