Contents x
    SEPA Direct Debit
        Contents

        SEPA Direct Debit

            Article Summary


            SEPA Direct Debit (SDD) is a widely used payment method in the eurozone. Everyone with a EURO account with an IBAN number can use SDDs.


            Characteristics
            • Wide range in the eurozone
            • Low price
            • Option of recurring direct debits
            • Recurring direct debits possible without consumer input
            • Ideal to combine with our Credit Management module
            • Non-guaranteed payment method due to the risk of reversals of payment and Report Unjustified Direct Debit (MOI)
            • Only available for consumers with a Euro account
            Was this article helpful?
            What's Next