Cards are a popular way for customers and businesses to pay online or in person. When merchants integrate cards schemes, you can begin to accept a variety of card brands without having to configure any additional settings. We are constantly adding new card schemes.
With direct debits, the merchant can authorize the funds to be debited directly from the customer’s bank account for both one-off and recurring purchases. Direct debits are often used by:
Businesses collecting recurring payments from other businesses.
Retailers and service businesses that want a low-cost alternative to cards for large customer payments, like rent or tuition fees.
What is SEPA?
The Single Euro Payments Area (SEPA) is a European Union initiative to simplify payments within and across member countries. They established and enforced banking standards to allow for every EUR-denominated bank account within the SEPA region to be debited directly. To debit an account, businesses must collect their customer´s name and bank account number in IBAN format. During the payment flow, customers must accept a mandate that gives the business authorization to debit the account.
Give your customer a secure way to pay using their valued-stored wallets. Through a stored balance or a saved card, wallets provide a secure and fast experience that the customer can control and enjoy.