Simplify your subscription payments
SEPA Direct Debit is an initiative by the European Union to create a simpler payments infrastructure within and across the European member countries. The goal of SEPA Direct Debit was to make European payments as easy and cheap as domestic ones, thus creating a single market for euro-denominated payments.
SEPA Direct Debit supports Sofort and iDEAL, and makes recurring payments easy to process and carry out. Once authorized, SEPA Direct allows your business to collect funds from your customers.
Country:
Europe (SEPA region)
Currencies:
Euro
SEPA features:
- Recurring payments
- Split payments
- Full and partial refunds
20 billion transactions per year
For more information, see SEPA Direct
Customer benefits:
- Trusted and familiar
- Secure
- Chargebacks for unrecognized transactions
Merchant benefits:
- MultiSafepay credit check
- Excellent for subscriptions
- Broad reach
How SEPA Direct Debit works
Step 1
Make a SEPA Direct Debit request to MultiSafepay containing customer information.
Step 2
We conduct a background check and generate an emandate.
Step 3
The customer’s bank processes the transaction.
Step 4
MultiSafepay collects the funds and settles them in your MultiSafepay balance.
Activate SEPA Direct Debit today!
Simply apply to your account manager and we’ll take care of activation.
We offer the following integration options:
Use automatic direct debits to receive payments via MultiSafepay, cross-border, from almost anywhere in Europe."
