DIRECT DEBIT for Germany and Austria

With direct debits, Wirecard provides merchants in Germany and Austria with an efficient and cost-effective option to reach customers who prefer to make payments from their account.

Advantages with Wirecard:

• The merchant determines time of payment

• Very low costs for payment processing

• One-time only and recurring debits possible

• Seamless combination with risk management possible

Merchants who rely exclusively on credit card acceptance exclude significant customer potential. Whereas only a small percentage of customers in Europe use credit cards, nearly all of them have a bank account and many prefer debits or payments.
A direct debit is a cashless payment transaction. Many buyers choose direct debit to pay on the Internet. Unlike a payment, a direct debit transaction is executed by the merchant and not by the customer.

Wirecard provides the direct debit payment method, enabling merchants to achieve increased sales potential by reaching new target audiences. However, it is necessary to consider the potential risk of non-payment due to insufficient funds.

Wirecard can offer customized risk management solutions that secure payments, even in the event of non-payment.