Include SEPA Direct Debit in your ecommerce store and process secure payments with your European customers. With PAYCOMET, offer a simple and secure online payment method for your single and recurrent payments.
SEPA (Single Euro Payments Area) is a payment system created by the European Payments Council that allows companies to process single or recurrent payments between countries within the SEPA zone. With SEPA Direct Debit, you will be able to make direct debit payments into your customers’ accounts.
Receive payments in euros in Europe, inside and outside national borders, regardless of the country they are in. It improves your customers’ trust by offering them a comfortable, secure and easy-to-use payment method.
Your customers make payments in any SEPA Zone country using a single bank account for transactions in euros.
It facilitates recurrent invoicing, such as subscriptions or regular transactions on a set date.
To carry out a direct debit, a standing order signed by the payer authorising the payment is required.
Include SEPA Direct Debit in your checkout and access all PAYCOMET features
€0.09 + €0.35
With SEPA, your customers will be able to pay quickly and simply by entering a name, email address and bank account (IBAN).
The customer chooses the SEPA option at the checkout in your online shop.
They must then enter their name, email address and bank account number (IBAN) from which they wish to make the payment.
This EU-wide initiative is supported by the European Commission, as well as the governments and central banks of the SEPA zone and is simple, secure and efficient.
Using SEPA Direct Debit gives users greater protection in their payment services, as they can use a single bank account for transactions in euros within the SEPA zone.
It also plays a key role in reducing payment errors. Compared with other payment methods, it is less likely for the bank details to expire or be rejected, reducing the number of failed payments.
If you use an ecommerce CMS, you can integrate the PAYCOMET Virtual POS Terminal in just a few clicks and start offering payments with SEPA Direct Debit. Download the module, request a trial account and find out how easy it is to start selling with PAYCOMET.
SEPA covers the 27 member states of the European Union (EU), as well as Iceland, Liechtenstein, Norway, Andorra, Monaco, San Marino, Switzerland, the UK and Vatican City.
Currently, PAYCOMET only offers the Sepa Direct Debit option for debiting private consumer bank accounts (B2C). It is not possible to debit corporate accounts with this payment method.
As a PAYCOMET customer, you can easily activate this payment method from your control panel. See here for the technical documentation for the integration.
The customer will have 8 weeks (56 days) to claim a debit that has been charged to their account and a maximum of 13 months for unauthorised payments (the creditor will be able to reject the claim by providing a copy of the current standing order).
Want to accept payments with SEPA Direct Debit?
Contact us or create a free account and start today.