SEPA DIRECT DEBIT
SEPA makes Europe-wide direct debit payments simpler, quicker, and more secure. SEPA makes it possible to tap into new revenue opportunities in markets in which credit cards will not suffice as the sole payment method or in which there are multiple country-specific payment procedures.
Key benefits of SEPA for you:
- Tap into revenue opportunities throughout Europe
- Increase market shares
- Reduce costs through a standardized payment solution throughout the SEPA
- Increase the rate of turnover
Within the scope of the Single Euro Payments Area, the SEPA direct debit procedure offers a standardized national and international payment method within Europe. A uniform legal framework and a standardized Europe-wide procedure for SEPA payments make it possible to make cost-effective and secure payments.
SEPA transfers make domestic and cross-border payments as well as costefficient
refunds in the case of returned goods possible. Consumers can also
use the SEPA credit transfer in a standardized and quick fashion when paying for
goods ordered on account.
BENEFITS
SEPA features:
- Tap into new customer segments and markets: 506 million inhabitants in the SEPA
- International and standardized payment in the Euro area in 32 countries (EU, including Switzerland, Lichtenstein, Iceland, Norway, and Monaco)
- Lower costs and simpler use for liquidity and account management
- Extremely low payment processing costs
- No more return debit note fees in international direct debit procedures
- International, cost-effective, and simple refunds in the event of goods returns with the SEPA wire transfer
- The retailer determines the payment date
- One-off and periodical debit transactions possible
