SEPA Direct Debit
SEPA (Single Euro Payments Area) Direct Debit was introduced by the European Payments Council to create a standardised payments infrastructure within the E.U. With SEPA Direct Debit, businesses can process one-off or recurring payments for E.U. customers, making it a key payment method for businesses looking to expand across Europe.
Slovakia, Finland, France, Portugal, Ireland, Austria, The Baltics, Italy, Spain, Belgium, Netherlands, Germany
€0.10
+
€ 0.25
High retention rates: increase customer loyalty by offering a convenient “set it and forget it” payment method
Simplified processing for cross-border payments. Can be combined with iDEAL, Sofort, EPS and Bancontact to enhance recurring capabilities
Improved cost efficiency
Easy access to European markets
How it works
Shopper proceeds to checkout
Shopper selects SEPA DD from the list of payment options
Shopper provides the account holder name and IBAN
Payment complete
Features
| Payment type | Direct debit | |
|---|---|---|
| Channel | Online | |
| Available in | Europe | Slovakia, Finland, France, Portugal, Ireland, Austria, The Baltics, Italy, Spain, Belgium, Netherlands, Germany |
| Currencies | Settlement currency | EUR |
| Processing currency | EUR | |
| Other | Refunds | |
| Partial refunds | ||
| Multiple partial refunds | ||
| Multiple partial captures | ||
| 3D Secure | ||
| Chargebacks | ||
| Local entity required | ||
| Sales day payout | ||
| Settlement delay | 2 days | |
| Recurring |
Frequently Asked Questions
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