A SEPA Direct Debit is a European direct debit method that has replaced the Belgian direct debit system since 2014. Since then, all transfers and direct debits must comply with SEPA (Single Euro Payments Area) standards. With the introduction of SEPA Direct Debit, direct debits are now managed by you as the supplier rather than by the bank.
With a SEPA Direct Debit, you can directly request payment for an invoice from your customer through your bank. The payment is then executed directly without further involvement from the customer. A SEPA Direct Debit is requested by providing a file with all payments to your bank or payment provider.
Each SEPA Direct Debit is linked to a mandate (customer agreement), and these mandates are created and managed by you as the supplier.
SEPA Direct Debit files can be generated in EenvoudigFactureren by activating the “SEPA Direct Debit” module on the “Modules” page.
Activating this module is only possible with a Pro subscription or higher.
Interesting to know: With the Mollie integration, you can also perform direct debits without needing a contract with the bank or a separate mandate from the customer.