Direct Debit & Bank Transfers

Direct Debit

Direct debit is similar to electronic check and commonly used for subscriptions and recurring payments. After the customer provides bank account information at time of sale, you request the customer’s bank to transfer funds into your merchant account. Add direct debit to the list of payment methods you offer through CyberSource and get consolidated reporting on all your transactions.

Features

  • SEPA compliant

Benefits

  • Add and drop schemes with ease
  • Get consolidated reporting with payment cards

Bank Transfers

Bank transfers are a common alternate method of payment in some countries and are similar to wire transfers. After you confirm the order and provide bank information and the sales reference number, your customers instructs their bank (either online or via paper-based form) to transfer money to your account. Upon receipt, you ship the order. CyberSource offers bank transfers to help you convert more orders in key markets.

Features

  • SEPA compliant
  • Online and offline options available across the globe
  • Popular online schemes supported: Sofortüberweisung.de, iDEAL, and Giropay

Benefits

  • Increase conversion rates in countries where bank transfers are popular
  • Add and drop schemes with ease
  • Get consolidated reporting with payment cards

Implementation Guides

Direct Debit Services for Chase Paymentech Solutions Using the Simple Order API
Direct Debit Services for Chase Paymentech Solutions Using the SCMP API
Electronic Check Services for the Simple Order API
Electronic Check Services for the SCMP API
Global Payment Service Developer's Guide
Global Payment Service Planning Guide