SEPA Direct Debit

The SEPA Direct Debit enables to make pan-European collections in euro's on a one-off or recurrent basis.

INTRODUCTION

The SEPA Direct Debit is a Europe-wide direct debit system that allows merchants and businesses to collect euro currency payments from bank accounts in 34 SEPA countries on a one-off or recurrent basis. In non-eurozone countries like the UK, the SEPA direct debit scheme operates alongside the national direct debit scheme (till 31 October 2016).

A SEPA Direct Debit is a bank-transfer initiated by the merchant or business and (logically) is only allowed for with permission of the consumer (B2c) or business (B2B). These permissions are so-called 'mandates'. SEPA Direct Debits can be divided in SEPA Core Direct Debit and SEPA B2B Direct Debit. The difference between the two has to do with 'chargeback protection'.

While SEPA Core Direct Debits can be a cost-effective way of initiating payments throughout the euro-zone, it is good to know for merchants that these core direct debits can be charged backed for up to a period of 13 months.

“

E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.

”

Supported By Payment Provider

abilita

Worldwide payment service, - risk management, - payment guarantee solutions for the DACH region - We offer you a comprehensive portfolio of options and the perfect payment mix. State-of-the-art technologies and a tailor-made service at eye level!

Adyen

Adyen is a technology company that provides a single solution to accept payments globally. It has built a unique end-to-end infrastructure connecting businesses directly to card schemes and 250 other payment methods, thereby enabling frictionless payments across geographies and channels.

Pay.

Pay. is a Dutch based and operating Payment Service Provider

wallee

wallee offers modern omnichannel payment technology providing an end-to-end payment flow solution. Our holistic service range enable major providers to offer innovative payment solutions to their clients and to promote direct digital payments via web portals, platforms and F2F.

Paynt

Our Acquiring-as-a-Service platform is developed with your needs in mind. So you can focus on what matters the most.

Worldline Global Collect

Worldline is the new world-class leader in the payments and transactional services industry, with a global reach.

Getnet

Getnet is a leading global merchant payment platform which lets your customers pay how and where they want to.

Buckaroo

Buckaroo is a leading payment service provider, headquartered in The Netherlands. Our technology optimizes your company’s cash flow by enabling in-store and online payments. Trusted by over 30,000 corporate, medium and small business.

FIND THE RIGHT
PAYMENT SERVICE PROVIDER
FOR YOUR BUSINESS

Available in the following regions

Europe

COMPANY DETAILS

COMPANY ADDRESS

Cours Saint-Michel 30
B-1040

Belgium

PHONE & EMAIL

Main Phone Number	+32 2 733 35 33
Main Fax Number	+32 2 736 49 88
Email	secretariat@epc-cep.eu

WEBSITE AND BLOG

Website	http://www.europeanpaymentscouncil.eu/index.cfm
Blog

SOCIAL LINKS

INTERESTED IN MORE ONLINE PAYMENT METHODS?

About-Payments has world's largest searchable database of Online Payment Methods and Payment Service Providers.

Select and choose the payment methods that fit your audience. See what payment methods to accept or add to your payment checkout.

Our easy-to-use filter shows your results in a split second. Try it out now.