SEPA Direct Debit Integration
SEPA Direct Debit integration refers to the process of adding SEPA Direct Debit functionality to a software or system. This involves the setup of a the software and establishing a link with a bank or payment service provider (PSP) that supports SEPA Direct Debit. This includes implementing the necessary protocols to enable SEPA Direct Debit transactions.
The steps involved in SEPA Direct Debit integration include:
Choose a SEPA Direct Debit provider: Select a bank or PSP that supports SEPA Direct Debit transactions.
Select an ERP, Accounting package, CRM-system or direct debit generating system: a tool is needed to create the instructions. In most of the cases the invoice generating tool has (a part of) this functionality. In other cases e.g. for SAAS-companies a system that manages the subscription can manage this.
Invite your customers to sign a mandate: Before you can collect via direct debit from a customer you'll need to let them sign a mandate.
Setup the billing principles: Start with invoicing or planning the transactions.
Test the setup: Evaluate on small scale if all processes work correctly.
Go live: Once testing is complete and the integration is working properly, you can go live and start accepting SEPA Direct Debit payments.