Asia-based payment service provider iPayDNA has entered an agreement with German payment service company Payment Network to deploy the latter’s sofortüberweisung.de online payments service.

Under the terms of the deal, sofortüberweisung.de, also known as directebanking.com, is set to to be made available for 2,000 IPayDNA international online merchants. In addition, IPayDNA is set to enable a variety of payments for customers using credit cards, debit cards, online banking and e-wallets.

Payment Network offers the sofortüberweisung.de/directebanking.com payment service in Germany, Austria, Belgium, Switzerland, Belgium and the UK. This service can be completed without registration, providing of account information or topping up of a credit balance. Direct and automated remittance from the buyer's account to the merchant's account is accredited within seconds via the bank interface.