Collection through Direct Debits

The payer’s debt is paid after a request is submitted by the business to DIAS. The payer must first provide authorization (mandate) before the account can be debited for the amounts owed. The mandate form is filled out and collected by either the business or the Payment Service Provider. Payments are entered into the DIAS Direct Debit service either automatically by file transfer, or interactively via the connection between the business/organization and DIAS.

The mandates are either recurring for direct debits by the business/organization at regular intervals, or one-off, for sending one direct debit only.

Participation in the service is performed by the business' Payment Service Provider.

Improved cashflow and financial control

Precise prognosis on the date and amount of incoming payments

Flexible on-boarding

Cherry- pick connection tools, from the simplest - where no implementation is required - to the fully automated one. The business is to decide, based on their current needs.

Smooth on-boarding process

A self-certication testing environment is provided.

Secure transactions

Compliant with the European SEPA Direct Debit Scheme

Available database of active mandates

Guaranteed direct debit

Right to refund debits to consumers

Improved cashflow and financial control

Precise prognosis on the date and amount of incoming payments

Flexible on-boarding

Cherry- pick connection tools, from the simplest - where no implementation is required - to the fully automated one. The business is to decide, based on their current needs.

Smooth on-boarding process

A self-certication testing environment is provided.

Secure transactions

Compliant with the European SEPA Direct Debit Scheme

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