What is ePay?
ePay is a digital payment platform based in Bulgaria that enables users to send, receive, and manage funds online. Launched in 1999, it supports transactions in Bulgarian lev (BGN) as well as major international currencies, including USD and EUR. ePay offers a range of services such as online bill payments, e-commerce payments, and card-to-card transfers. Users can access the platform through its website or mobile app, and link their bank accounts or cards for quick transactions. The service is regulated and adheres to European security standards, making it suitable for individuals and businesses looking for reliable and secure payment processing solutions within Bulgaria and selected global merchants.
How to use ePay?
- Register for an account on ePay.bg.
- Verify your identity by submitting required documents.
- Link your bank card or ePay microaccount.
- Add funds to your ePay account, if needed.
- Choose a service, pay bills, transfer money, or shop online.
- Confirm the transaction; receive confirmation via email or SMS.
The pro's of using ePay
- Supports a wide variety of payment types, including utility bills, taxes, and online shopping.
- Offers both web and mobile app platforms for accessibility and convenience.
- Strong security features, including two-factor authentication and bank-level encryption.
- Integration with Bulgarian banks enables instant transfers and easy top-ups.
- Transparent fee structure with low transaction costs for most services.
The con's of using ePay
- Limited international acceptance; primarily targeted at Bulgarian users and merchants.
- Not all global e-commerce platforms support payments via ePay.
- Requires identity verification, which may delay account activation for new users.
- Customer support options and resources are mainly available in Bulgarian.
- Some features and services may incur additional fees, especially for cross-currency transactions.