Setting up SEPA Direct Debit

To use SEPA payments, you must provide a few details in the configuration panel of the Mambu Payment Gateway.

System Properties

Basic configuration

• Bank BIC: Enter the Bank Identifier Code (BIC) for your banking institution. This value is usually the BIC of the main branch, and is eight characters long
• AML BIC Sender and AML BIC Receiver: If you are using a service to fulfill Anti Money Laundering (AML) and Know Your Customer (KYC) requirements, the BIC of your provider should be entered in these fields

Incoming Direct Debit configuration

Enter a setting for the maximum number of days the system should retry if we cannot execute the debit transaction. For example, this can happen if the account is locked or does not containenough funds.

If this value isset to 0 or unspecified, the Direct Debit will automatically be returned if the initial debit transaction fails.

Schedulers

Schedulers must be configured for each channel you wish to support. For example, if you want to offer both private and business to business payment flows, you must configure incoming and outgoing schedulers for both SEPA Direct Debit and SEPA Direct Debit B2B. For incoming consumer SEPA Direct Debit payments, you will also need to configure and start a scheduler for processing retries in case of settlement failure on the debtor’s side. Note that the Retry scheduler is disabled if the Incoming Direct Debit Retry Days property is set to 0 or is unspecified, as described above.