Bank Payments

Bank payments include direct debit and account-to-account methods. They can be useful for recurring billing, invoices and customers who prefer paying from a bank account.

Market examples

• UK: Bacs Direct Debit and Faster Payments.
• USA: ACH.
• Canada: Pre-authorized debit and Interac-related payment flows.
• Europe / EEA: SEPA Direct Debit and SEPA Credit Transfer.

Check mandate or consent requirements, settlement timing, return handling, refunds and reconciliation.