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You may want to look into the SEPA direct debit system. It lets you send a file to your bank to request transfers and they send you back a file with the results
by galvin 9y ago
You may want to look into the SEPA direct debit system. It lets you send a file to your bank to request transfers and they send you back a file with the results.
You have to register for a debitor identifier and ask your customers for permission to debit their accounts first but overall it works well and can be automated. It's the standard way to do direct debits in Europe.
- vetinari 9y agoDirect debit doesn't work with all companies, it certainly would not work with ours. It gives too much control to outside parties.
- dtech 9y agoWithin SEPA direct debit, you can reverse a charge if it was unwarranted. In my experience, it's a lot more common and accepted than credit card business payments in Europe.