SEPA (Single Euro Payments Area) Direct Debit was introduced by the European Payments Council to create a standardized 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. Benefits include:
Shopper selects SEPA DD from the list of payment options.
Shopper provides the account holder name and IBAN.
Shopper can review and confirm the payment.
Shopper chooses SEPA Direct Debit from the list of payment methods.
Shopper provides account holder name and IBAN.
As a final step the shopper needs to agree with the digital signature in order to submit the payment.
With Adyen's integration of SEPA, businesses can create recurring contracts for one or more recurring payments linked to a unique shopper.
Adyen processing fee + payment method fee
Commission per transaction, may differ per region.
The Adyen platform supports all key payment methods globally.
To support this payment method, we offer an integration in which the payment page is hosted by Adyen. However, to ensure a seamless experience, the customer is directed straight from your site to the payment method, so the customer never lands on Adyen's page.