FIND THE BEST PAYMENT PROVIDER
TO PROCESS YOUR ONLINE PAYMENTS.

FREE COMPARISON.
LOW RATES.
NO HASSLE.

 

START YOUR FREE COMPARISON 
Logo Direct Debit

Direct Debit

A direct debit is a transaction whereby funds are withdrawn from the customer's bank account. When a shopper selects the direct debit payment option upon checkout, the merchant is allowed to charge the purchase amount and collect it from the shopper's bank account.

Supporting Providers

INTRODUCTION

Formally, the person who directly draws the funds (=the payee) instructs his or her bank to collect (i.e., debit) an amount directly from another's (=the payer's). Before the consumer's bank will allow the transaction to take place, the consumer must have advised the bank that he or she has authorised the merchant to directly draw the funds. Direct debit transactions are usually processed electronically and typically used for recurring payments. 

Direct debits are available in a number of countries, including the United Kingdom, Brazil, Germany, Spain, South Africa, Switzerland, and the Netherlands. Direct debits are made under each country's rules. In Europe's Single Euro Payment Area (SEPA), the SEPA Direct Debit (SDD) is available in each SEPA country (Eurozone). In the United States, direct debits are processed through the Automated Clearing House network.


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

provider impressions

COMPANY DETAILS

Formally, the person who directly draws the funds (=the payee) instructs his or her bank to collect (i.e., debit) an amount directly from another's (=the payer's). Before the consumer's bank will allow the transaction to take place, the consumer must have advised the bank that he or she has authorised the merchant to directly draw the funds. Direct debit transactions are usually processed electronically and typically used for recurring payments. 

Direct debits are available in a number of countries, including the United Kingdom, Brazil, Germany, Spain, South Africa, Switzerland, and the Netherlands. Direct debits are made under each country's rules. In Europe's Single Euro Payment Area (SEPA), the SEPA Direct Debit (SDD) is available in each SEPA country (Eurozone). In the United States, direct debits are processed through the Automated Clearing House network.

COMPANY ADDRESS




PHONE & EMAIL

Main Phone Number
Main Fax Number
Email

WEBSITE AND BLOG

Website
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.

SEARCH IN OUR DATABASE  show payment methods

If you follow us, we like it.

more about payments

Copyright © 2011-2016 | About-Payments.com | All rights reserved.   Legal   About Us