Accept online Direct Debit payments
Online Direct Debit transactions: Introduction
With the one-time direct debit method of payment, the customer gives you (the authorised party) the right to deduct a fixed amount from his or her bank account one time only. Once your visitor indicates his or her interest in paying by one-time direct debit, you can initiate the payment procedure yourself. This ensures convenience for your customer and yourself. Payment by one-time direct debit is a great supplement to iDEAL payments and bank transfers, for example.
Accept Direct Debit payments on your site: How to
It is simple. Basically, you have to follow the same procedure for any payment method:
Online Direct Debit transactions: Advantages and possibilities
You can offer consumers the appealing option of paying without the need for them to take a whole series of actions themselves. You control when you deduct the payment from the customer’s bank account; this ensures you will never receive the payment too late. Direct Debit is available for the Dutch market.
The advantages of One-time Direct Debit / Authorisation for your webshop:
- You determine when you collect the payment;
- Easy payment method for consumers;
Online Direct Debit transactions: How it works for customers
Just like all of the other payment methods ICEPAY offers, paying via one-time direct debit is easy. Once this payment method is included in your ICEPAY account, you can offer it in your webshop immediately. Paying by one-time direct debit is easy for your customers (consumers).All your customer (the consumer) has to do is:
- Choose a product in your webshop;
- Choose One-time Direct Debit as the payment method;
- Fill in the required bank and personal address details;
- Once the amount is credited to the Escrow Account, you will receive an automatic notification from ICEPAY, and you can deliver the products ordered.
One aspect about one-time direct debit that is important to remember is that the customer has the option of demanding a refund up to 56 days after the transaction date. This means that the risk of a chargeback remains for quite some time. In other words, you may think that the payment has been made, but this might be reversed later on by the customer. It can also take from 1 to 3 days before you receive a report of the payment status.
This payment method is available in:
|Connection costs||-||None||None||On request|
|Transaction costs||-||€ 0,50 p.t.||€ 0,45 p.t||On request|
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