Back to Omnipay Lite Support

Briddle
Briddle

SEPA Direct Debit is a payment method that is offered by Mollie.com.

SEPA Direct Debit is a Europe-wide Direct Debit system that allows merchants to collect Euro-denominated payments from accounts in the 34 SEPA countries and associated territories.

Key features of SEPA Direct Debit

  1. SEPA Direct Debit is pull based. Once given a mandate by their customer it is the merchant who initiates payments.
  2. SEPA Direct Debit payments are bank-to-bank. There are no card networks involved in the SEPA Direct Debit scheme. All communications happen directly between the banks.
  3. All SEPA Direct Debit transactions happen in Euros (even if the relevant accounts aren't in Euros). Any currency exchange required is up to the payer's and merchant's banks.
  4. Payers can get a refund from their bank for unauthorised SEPA payments for up to 13 months. Under the UK Direct Debit Guarantee, the indemnity claim period is unlimited.
  5. To collect SEPA payments, you need a customer's BIC and IBAN rather than their account number and sort code.

1-1 of 1