Deutsche Bank Ensuring Payment Processing Works Smartly

Just in time for the start of the pre-order phase on October 18, 2022, on the way to the market launch in Germany in December 2022, Deutsche Bank is taking over European payment transactions and offering potential customers on smart’s e-commerce platform, tailor-made payment options.

smart and Deutsche Bank are making direct online sales easier than ever: With just a few clicks, customers can order their smart #1 on the smart eCommerce platform and immediately receive the appropriate payment processing. In addition to setting up the payment interface for buyers, Deutsche Bank handles incoming payments, management of payment flows, verification of new providers on the platform and transfers to providers throughout Europe. In general, the payment methods direct transfer and manual bank transfer are possible when purchasing via the smart eCommerce platform. All payments run through the bank’s own systems – this leads to a high level of transaction security and thus strengthens customer confidence in the new type of online direct sales.

Both partners use appropriate technical and organizational measures to ensure the secure handling of data. Be it via the eCommerce platform by smart or the online payment offered by Deutsche Bank. The partners go hand in hand when it comes to data protection and data security.

Deutsche Bank is continuing its strategy of establishing itself as a comprehensive financial service provider for digital marketplaces.

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments, and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

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