Providing qvik payment can be a new, innovative electronic payment alternative that, in certain situations, is more convenient for the payer than paying with a bank card or cash. As a merchant, an additional advantage is that, depending on the contract with the Sub-Aggregator service provider, the money can be credited to the business's current account almost immediately, within 10 seconds, so there is no need to wait days for the completion. However, if the merchant chooses batch settlement, the settlement works the same way as we are used to with bank card settlement, but for this payment, every bank must ensure the settlement procedure according to the recommendation issued by the HNB (Hungarian National Bank), which states that the credit must be made no later than the IG2 banking business day following the receipt of the transaction's consideration.

Considering that for Sub-Aggregators, the provision of the service does not incur costs arising from card usage, unlike card systems, they can likely offer the service to merchants at a significant price advantage. You can inquire about the offers of individual banks through their sales channels. It is important that the execution of payments with qvik does not have to be the same as with the current card-accepting bank. (Card-independent separate process and infrastructure.)