The Digital Direct Debit Procedure

Direct Debit

eBill Direct Debit is the modern, digital direct debit procedure. For invoicing parties, there are numerous advantages – particularly regarding efficiency and new client experiences through complete digitalization.

Benefits of eBill Direct Debit

eBill Direct Debit is the modern, digital direct debit procedure, from which financial institutions, invoicing parties, and private individuals all benefit. In this way, receivables can be submitted, processed, and debited in eBill. eBill Direct Debit debits are based on a direct debit and debit authorization previously set up in eBill.

  • Invoice recipients benefit from full payment automation.
  • With eBill Direct Debit, today’s paper-based setup processes are replaced by efficient and convenient digital processes, thus simplifying the life of the invoice recipient.
  • The digital eBill portal significantly improves transparency regarding established direct debit authorizations and processed deposits for the invoice recipient.
  • Increased security for the invoice recipient thanks to integrated reversal options with guaranteed repayment.

Proven Infrastructure

eBill Direct Debit is based on the proven eBill processes and payment transaction standards, which makes it much easier to implement.

Efficient Payment Process

Transactions can be processed directly from account to account and supplemented to include additional information such as invoice documents.

Harmonization

Invoice payment channels are increasingly converging on the eBill platform. This leads to further economies of scale.

Manageable Investments

eBill Direct Debit builds on the existing and proven eBill infrastructure. Many functionalities, interfaces and mechanisms are reused. This enables eBill Direct Debit to be implemented with a manageable investment.

These Partners Support SIX in the Conceptualization or Piloting

Banks in the implementation or piloting
Banks providing conceptual support
Network partner
Software/solution partners