payabl. Launches SEPA Direct Debit to Power Recurring Euro Payments
payabl., a prominent European fintech company, has introduced SEPA Direct Debit capabilities across its platform, enhancing both its acquiring and business account services.
Supporting End-to-End Payment Flows
The new feature allows businesses to seamlessly collect and automate recurring euro payments, tailored to fit varying operational needs and pricing models.
For Acquiring Customers:
Merchants using payabl.’s acquiring services can now offer SEPA Direct Debit as a payment method—ideal for subscription-based models, media platforms, and other recurring billing scenarios. The solution includes hosted checkouts, secure mandate creation, and automated pre-notifications to reduce failed transactions, minimise card-related churn, and drive steady, recurring revenue.
For Business Account Users:
Companies handling supplier, utility, or government payments via euro-denominated business accounts can now automate outbound payments with SEPA Direct Debit. The functionality supports real-time alerts, mandate management, and approval workflows through the payabl.one portal—ensuring greater control and transparency across 36 SEPA countries.
“Different payment challenges require different solutions,” said Breno Oliveira, Head of Product at payabl. “We’ve designed SEPA Direct Debit across both products to meet the distinct operational needs of collecting and disbursing euro payments—without compromise.”
Product Availability:
- Acquiring solution: Now available to eligible merchants.
- Business accounts: Now live for euro account holders.
With SEPA Direct Debit fully integrated, payabl. empowers businesses to optimise recurring transactions and enhance cash flow management across Europe.