Payment Initiation Service (PIS)
With this service, the users of your applications can initiate payments from their KB accounts
In order to use this service, it is necessary to obtain the relevant PSD2 license from the Czech National Bank or another official authority in the EU and receive a qualified certificate. Komerční banka relies on a uniform structure and format of information, as defined in the Czech Open Banking Standard (“COBS”) by the Czech Banking Association.
- Make payments directly from your application
- Execute payments in real time
- Revolution in online shopping payments
The same limits apply to domestic payments in CZK as in direct channels.
Payment authorization will be carried out through the standard authorization procedure defined for a client’s account.
SEPA and foreign payments
We also enable foreign and SEPA payments to be initiated from your applications.