Emandate
Emandate
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The digital direct debit authorization (also known as eMandate / emandate) is a new way to issue a direct debit authorization via the consumer's bank. In that sense, it is not a payment method, but a promise to make a direct debit from a specific account.
Characteristics
- Advantages vs. disadvantages
- Reduction of administrative effort
- Additional service to SEPA Direct Debit
- Suitable for B2C and B2B
- Not supported by all banks
- Relatively unknown among Dutch consumers
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