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General information about ELVELV ('Elektronisches Lastschriftverfahren' or 'electronic debit procedure') is a non-card method of payment supported by WorldPay that is used in Germany and is similar to a direct debit. If you want to pay with ELV you have to present the following information: your bank account number, your bank code, the name of your bank, your accountholder name and the city where the bank branch resides. It is not necessary to open a separate account or to apply for a specific card. Any person with a German current account can use ELV. ELV is a favourite method of payment by the persons who do not have a credit card. ELV ProcessingThe customer's account is charged directly of a direct debit. The transfer of money is handled through the merchant's own bank. In processing an ELV payment, a range of checks are carried out. Restrictions using ELVIf there is a charge for the previous month ( such as a purchased / reactivated Content ID or contract extensions ), for 6 business days after the due date, the following procedures will be unavailable due to payment processing. ELV unavailable procedures :1. Content ID purchase / reactivation / contract extension; 2. PlayOnline account cancellation; 3. PlayOnline account reactivation; 4. Change of payment method; |
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