EPS is a simple, fast and secure online payment method based upon online banking in Austria. When paying with EPS, you are directed via a secure connection to your online bank account at your financial institution. There you log in with a PIN and confirm the payment with a TAN. All banks in Austria support EPS, if the currency of your bank account is the euro (EUR).
The big advantage of it is that you do not need to register or open a virtual account; it is an immediate and direct transfer of funds.
For more information, you request assistance in the website.