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​SEPA Direct Debit

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Optimizing the management of SEPA mandates and the associated payment flows

With over 20 billion transactions (3.4 billion of which in France), direct debit is the second most popular payment method in Europe after cards. 

Digitalization of the SEPA mandates  

The introduction of the European Commission's SEPA initiative, aiming to harmonize payment methods in Euros, places considerable constraints on direct debit issuers' procedures and processes, requiring them to be adapted (in particular, the management and digitization of the SEPA mandate which replaces the national direct debit authorization).

In response to this regulatory obligation, Cegedim has created CG Pay., a division devoted to financial data flow management and in particular the migration to SDD: SEPA Direct Debit.

 

For more information on the solution your need : CG Pay.