SEPA Direct Debit
SEPA Direct Debit (SDD) is a payment method that allows businesses to process one-off or recurring payments from EU customers.
This makes it a key payment method for e-commerce businesses looking to expand across Europe.
SEPA (Single Euro Payments Area) Direct Debit was introduced by the European Payments Council (EPC) to implement a standardised payments framework within the EU. With these common standards businesses benefit from easier settlement and simplified processing for cross-border payments. This improves efficiency and international transaction speed, and enables better access to EU markets.
SDD has already seen strong adoption in Germany, The Netherlands, Spain and Austria
Meanwhile, shoppers benefit from a single set of euro payment instruments throughout SEPA: one bank account, one bankcard, one SEPA Credit Transfer (SCT) and one SEPA Direct Debit.
SEPA Direct has already seen strong adoption in Germany, The Netherlands, Spain and Austria and will eventually replace local direct debit in The Netherlands and Germany.
Customers already supporting SDD with recurrer include: airbaltics, Prommpt and fitforfun.
Our SEPA Direct Debit Payment Methods provides insight into how SDD works with desktop and mobile payments across the payment flow.