SEPA Direct Debit: the best for regular payments
SEPA Direct Debit is a payment method that uses a European direct debit to receive payments directly from a customer’s account. However, a SEPA mandate must be signed in order to be able to collect payments directly from a debtor’s account.
The easiest way to collect a SEPA Direct Debit is by standing order. It is also possible to schedule the collection of bills, which makes it an ideal payment method for subscriptions or payment plans.
SEPA Direct Debit: the best for regular payments
SEPA Direct Debit is a payment method that uses a European direct debit to receive payments directly
from a customer’s account. However, a SEPA mandate must be signed in order to be able to collect payments directly from a debtor’s account.
The easiest way to collect a SEPA Direct Debit is by standing order. It is also possible to schedule the collection of bills, which makes it an ideal payment method for subscriptions or payment plans.
Advantages of SEPA Direct Debit
Customer loyalty
SEPA Direct Debit is a payment method without an expiry date. To have an expiry date, this must be specified when the mandate is signed. Thanks to this feature, it is a good method for maintaining long-term relationships with customers.
Security
SEPA Direct Debit gives you great peace of mind, as payment will always be on time. It is a secure method and protected by the direct debit guarantee. Private information is encrypted thanks to an encryption system that protects and stores it.
Minimum effort
This type of payment is made by direct debit. So, everything is scheduled automatically and efficiently. Once the mandate is set up, the customer does not have to do anything else. They pay on time every time.
Internationalisation
SEPA Direct Debit provides the same conditions for all member countries. This applies to payments and collections, as well as to rights and obligations. This makes the automation of payments and deposits in the 36 participating countries much faster and cheaper.
The single zone currently comprises 36 states: the 27 members of the European Union plus the United Kingdom, which remains a member despite its exit from the EU, Iceland, Andorra, Liechtenstein, Norway, Switzerland, Vatican City, Monaco and San Marino.
Wider price range
This solution is useful for high value payments as there is no limit on the maximum amount to be charged. It is the ideal system for paying bills, utilities, electricity, university fees, etc.
100% digital process
The customer indicates the account from which they want to make the direct debit payment and with one click authorises the company to make the charge..
How to use SEPA Direct Debit collections with Wannme
At Wannme we have several payment methods and types. SEPA Direct Debits allow you to do it in a completely autonomous way, without implementation codes. It is so simple that you can set it up and start using it as a payment method in a matter of minutes.
- You will be able to choose this payment method quickly and easily
- Recurring payments are made automatically.
- A single mandate is issued for recurring payments.
- Everything will be recorded on our platform so you can access it whenever you need it most.
Request a demo and give us a try for free
Give it a try with the help of a Wannme consultant
Go ahead, discover Wannme with us. We’ll show you the technology first-hand and we’ll create a free demo account for you so you can see our advantages for yourself. Ask away, enable and disable features one by one with a consultant at hand to answer any questions you may have. Choose all kinds of collections, payment methods, processes and operations. Discover how to use them on physical or digital media in minutes. For invoices, websites, POS systems from mobile phones, to try recoveries, design your marketplace or to make anything you have even better. Go ahead. Give us a try at no cost. And if you like it, sign up right now with no strings attached.
Book your slotfor the trial
Choose how much training time you want:you have up to 45 minutes.
Invite your team andwe’ll see each other in the video call.
Wannme, payments on demand
WANNME Marketplace S.L.
Avenida de Manoteras, 38, 28050 Madrid
+34 910 390 250
Request a demo and give us a try for free
Give it a try with the help of a Wannme consultant
Go ahead, discover Wannme with us. We’ll show you the technology first-hand and we’ll create a free demo account for you so you can see our advantages for yourself. Ask away, enable and disable features one by one with a consultant at hand to answer any questions you may have. Choose all kinds of collections, payment methods, processes and operations. Discover how to use them on physical or digital media in minutes. For invoices, websites, POS systems from mobile phones, to try recoveries, design your marketplace or to make anything you have even better. Go ahead. Give us a try at no cost. And if you like it, sign up right now with no strings attached.
Book your slot for the trial
Choose how much training time you want: you have up to 45 minutes
Invite your team and we’ll see each other in the video call.
Wannme, payments on demand
How to use Wannme
Developers
WANNME Marketplace S.L.
Avenida de Manoteras, 38, 28050 Madrid
+34 910 390 250