Ratepay is a white-label payment solution that allows merchants to offer secure, flexible, and popular payment methods without exposing third-party brands to their customers. It enables customers to pay via well-known local methods such as Open Invoice and SEPA Direct Debit, while Ratepay handles all risk assessment and debtor management behind the scenes.

Supported payment methods

• Open invoice: Customers receive an invoice after placing their order and can pay later within the payment term.
• SEPA Direct debit: Funds are collected directly from the customer’s bank account with their prior authorization.

Ratepay performs real-time risk checks during checkout. Merchants benefit from guaranteed payouts while Ratepay assumes the risk and handles collection.

💡 Learn more at Ratepay’s website

Get started

To start accepting payments via Ratepay:

1. Onboard with Ratepay and complete the required KYC steps.

2. Once onboarded, Ratepay will provide:

   • clientId: The API user ID
   • clientSecret: The API password
   • partnerShopId: Your Ratepay shop identifier

3. Contact  and securely share the above credentials to activate Ratepay on your merchant profile.

Integration options

Ratepay is available via Direct integration only.

To initiate a Ratepay payment, call Create paymentCreate payment with: 

"paymentMethods": {
  "type: "RATEPAY",
  "integrationType": "DIRECT",
  "ratepay": {
    "subType": "OPEN_INVOICE", // or "PAY_NOW"
    "transferType": "BANK_TRANSFER" // or "SEPA_DIRECT_DEBIT"
  }
}

Reverse payment

If a Ratepay payment needs to be voided before settlement, use the Reverse paymentReverse payment endpoint.

Partial reversals are supported.

Capture payment

Capture a previously authorized payment using the Capture paymentCapture payment endpoint.

Multiple partial captures are supported.

Refund payment

To issue a refund for a captured Ratepay payment, use the Refund paymentRefund payment endpoint.

Multiple partial refunds are supported.