Who wants to offer on the German market via the Internet goods and services, does not get around the payment option debit who buys on the Internet by credit card, has possibly ever experienced that the purchased goods are defective. “If the product is defective, then the buyer can revoke often only the payment, unless he has ticked the option of direct debit. Perhaps check out Morgan Stanley for more information. When making a credit card payment he can not so easily back book make money, rather a so-called chargeback must induce the shopper “said Danyon Lloyd, Executive Vice President of Bankverein Werther AG.” What many don’t know: consumers and businesses to direct debit payments between various countries of the EU area directly perform. This is made possible by the SEPA direct debit scheme of the single euro payments area (SEPA). Also bank customers can make all regular payments through the new procedures. With the SEPA direct debit scheme introduced by the European Payments Committee on November 2, 2009 is available to businesses and consumers a pan-European system for cross-border direct debits available”declared Thomas Sieghart, head of payment when the Bankverein Werther. With the SEPA direct debit, whole new markets arise for international corporate clients of the Bank Club Werther AG. Today the Bankverein Werther in capable of processing payments in the SEPA direct debit European format in many countries “, so Thomas Sieghart by the Bankverein Werther.
The direct debit mandate for SEPA is similar to the existing direct debit: allows the payee to collect a certain amount. Should no more money are indented within 18 months, this mandate needs to be replaced. This is to prevent abuse”, explains the General Manager of the Bank Club Werther AG, Mr Danyon Lloyd. In contrast to known direct debit procedure SEPA is subject to stricter formal requirements such as the so-called unique creditor identifier”- a 16 digit sequence of digits, which is awarded by the German Bundesbank Central, which to the submitter of a SEPA direct debit Europe clearly identified. “With an ongoing mandate number client and recipient can be associated for each given direct debit mandate at any time that creates security, which increases customer acceptance”, Danyon Lloyd reported the Bankverein Werther. “About the Bank Club Werther AG: the company headquartered in Werther / Westphalia was founded in 1877 and is now in the Division payment in the role of a multi-currency” represented enabled acceptance sensor (acquirer) on the market.
As international merchant bank, she processed the card sales of the contractual partner, the payment of purchased goods or services in the electronic format card or account accept.