Sepa Direct Debit (SDD)

SEPA Direct Debit (SDD) is a payment method that enables merchants to collect funds directly from a customer’s bank account within the Single Euro Payments Area (SEPA). It allows for the automated processing of recurring or one-time payments, providing a convenient and efficient way for businesses to manage transactions across multiple European countries. SEPA Direct Debit adheres to standardized rules and regulations established by the European Payments Council (EPC), ensuring consistent and secure payment processing throughout the SEPA region. It simplifies cross-border payment collections, enhances payment efficiency, and promotes seamless financial interactions between businesses and customers within the SEPA zone.