SEPA Direct Debit Integration

Overview of the SEPA integration

Fenerum's integration with SEPA Direct Debit via Stripe enables you to automate recurring payments and ensure a reliable payment process across Europe. SEPA (Single Euro Payments Area) Direct Debit is a standardised payment method that allows businesses to withdraw funds directly from customers' bank accounts, making it ideal for subscription-based business models.

By combining Fenerum's subscription management system with Stripe’s SEPA Direct Debit functionality, your business can streamline payment processes, improve cash flow, and reduce the risk of late payments.

Benefits of the SEPA integration

Automated payment collection: Withdraw payments directly from customers' bank accounts with SEPA Direct Debit via Stripe.
Seamless European coverage: Supports payments across the entire SEPA region.
Secure and efficient payments: Stripe ensures a secure payment process in compliance with European standards.
Reduced administrative workload: Automate invoicing and collections, saving time on manual tasks.

By using Fenerum’s SEPA Direct Debit integration, you can focus on your business while the payment process runs automatically in the background.

About SEPA Direct Debit

SEPA Direct Debit is a European standard payment method that facilitates automated payment transactions between businesses and their customers. It is a cost-effective and reliable payment solution widely used across the SEPA region, which includes 36 countries. This method is ideal for subscription-based or recurring payments, as it ensures consistent cash flow and minimises the risk of late payments.

Stripe acts as a secure payment provider, managing SEPA Direct Debit transactions on your behalf. By integrating Stripe with Fenerum, you gain access to a unified platform that automates and secures the payment process.

Frequently asked questions

What is SEPA Direct Debit, and how does the integration with Fenerum work?

SEPA Direct Debit is a payment method that allows businesses to withdraw funds directly from customers' bank accounts. By using Stripe as a payment provider, Fenerum automates this process so payments are handled efficiently and securely.

Which countries are supported by SEPA Direct Debit?

SEPA Direct Debit supports payments in all 36 countries within the SEPA region, which includes EU countries as well as Iceland, Norway, Switzerland, and Liechtenstein.

How do I sign up for SEPA Direct Debit via Stripe?

To use SEPA Direct Debit, you first need to create a Stripe account and activate SEPA Direct Debit as a payment method. Then, you can integrate Stripe with your Fenerum account by following our step-by-step guide. This setup allows you to start collecting payments automatically.

Is SEPA Direct Debit secure?

Yes, SEPA Direct Debit transactions are handled through Stripe, which is a PCI-compliant and secure payment provider. All transactions comply with SEPA regulations and European security standards.