5 ms·

Regarding points 2) and 3), I wasn't aware of those limitations. I admit to never having tried to use SEPA direct debit with Stripe, I just saw it in their docs

Regarding points 2) and 3), I wasn't aware of those limitations. I admit to never having tried to use SEPA direct debit with Stripe, I just saw it in their docs. Regarding 1): is it? Credit card payments can also be charged back, often for a period longer than 8 weeks. And both "aaS" products as well as certain retailers selling and shipping physical goods, do offer direct debit. I can't quote any fraud rates, but it certainly seems possible to do it.

plantain 7y ago
Credit card payments have an appeals/dispute resolution process. SEPA doesn't. You have to sue your customer if you want the money back. https://www.williamfry.com/newsandinsights/news-article/2013/10/02/have_you_assessed_the_impact_of_the_right_to_a_refund_of_direct_debits_under_sepa_on_your_business https://www.williamfry.com/newsandinsights/news-article/2013...