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.
Ireland, Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal, Slovakia, Spain
€0.11
+
€ 0.27
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
Channel
Available in
Europe
Ireland, Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal, Slovakia, Spain
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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