SEPA (Single Euro Payments Area) Direct Debit was introduced by the European Payments Council to create a standardized payments infrastructure within the EU. With SEPA Direct Debit, businesses can process one-off or recurring payments for EU customers, making it a key payment method for businesses looking to expand across Europe. Benefits include:
- Settlement within 2 days
- Simplified processing for cross-border payments
- Improved cost efficiency
- Easy access to European markets
How it works on desktop
Select SEPA DD
Shopper selects SEPA DD from the list of payment options.
Enter details
Shopper provides the account holder name and IBAN.
Confirmation
Shopper can review and confirm the payment.
How it works on mobile
Select SEPA Direct Debit
Shopper chooses SEPA Direct Debit from the list of payment methods.
Enter details
Shopper provides account holder name and IBAN.
Confirmation
As a final step the shopper needs to agree with the digital signature in order to submit the payment.
Accept SEPA DD with Adyen
With Adyen's integration of SEPA, businesses can create recurring contracts for one or more payments linked to a unique shopper.
| Market | Europe |
| Settlement currency | EUR |
| Channel | Ecommerce |
| Processing currencies | EUR |
| Recurring transactions | Yes |
| Refunds | Yes |
| Partial refunds | Yes |
| Payouts | Yes |
| Settlement delay | 2 days |
| Chargebacks | Yes |
Different commissions apply depending on the payment method.