SlimPay Help Center

Direct Debit use-cases

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Introduction

SlimPay allows each merchant to set up:

We accept direct debits in euros (EUR) only. We accept direct debits from all merchants operating in countries covered by SEPA’s judicial scope. View the SEPA and EPC country and territory map

SlimPay systematically checks direct debits before they are sent to the banking clearing house:

  • It checks that direct debit orders are valid (i.e. the validity of the account holder’s IBAN and the accessibility of the IBAN on banking references)
  • It checks that a valid and active direct debit mandate exists
  • It carries out anti-fraud checks on the account holder’s IBAN and contact details
  • It carries out compliance checks on each merchant’s activity (i.e. the amount of the direct debit versus the maximum authorized amount)

Each direct debit is traced and logged on the SlimPay platform. 

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Why use SlimPay?
Direct debits are credited straight into the merchant payment account opened with SlimPay.

One-off direct debits

SlimPay will initiate direct debit orders using either a unique mandate reference (UMR) or a subscriber reference:

  • by receiving and integrating an order file. The file is transferred using SFTP. This option is geared towards mass order setup. The supported formats are: 
    • CSV specific to SlimPay
    • XML Pain008 according to ISO 20022 standard
    • CFONB
  • through REST API. This option is geared towards a one-time setup to manage one-off direct debits or the first direct debit during the enrolment process. 
  • through the SlimPay Dashboard. This option is geared towards merchants not looking to integrate our API but instead seeking a one-time setup or to manage one-off direct debits or the first direct debit during the enrolment process. 

When a direct debit order is set up, SlimPay generates the direct debit file in XML ISO 20022 Pacs.003 banking format. The payment files are then sent on the banking clearing systems. 

SlimPay merchants can issue payments in two ways:

  • the payment file is issued upon receipt of the mass injection file at the earliest
  • payments orders are issued in accordance with the presentation deadlines and the clearing house’s customisable cut-off point at the latest (to ensure one-off direct debits are processed the following day, payment orders must be submitted to SlimPay before 3am UTC)

When the direct debit is issued, SlimPay can send an email notification to the account holder. This notification informs them of an upcoming due date (date/amount) 

All direct debit orders are traced and logged on the SlimPay platform. Each direct debit order carries a unique number (End-to-End-id) to ensure end-to-end tracking. This number can be specified by:

  • the merchant when setting up the direct debit. 
  • SlimPay according to the following format: SDD-EXE-YYYYMMDD-HHMMSS. SlimPay guarantees that this number is unique.

Direct debit plans

SlimPay allows merchants to set up direct debit schedules for an individual subscriber:

  • by receiving and integrating a schedule file. The file is transferred using SFTP. This option is geared towards mass schedule setup. 
  • through REST API. This option is geared towards a one-time setup.
  • through the SlimPay Dashboard. This option is geared towards a one-time setup.

The following information is required to set up a schedule:

  • the subscriber reference
  • the amount
  • the plan reference
  • the first due date
  • the number of direct debits
  • the frequency: Daily, Weekly, Monthly, Bi-Monthly, Quarterly, Semi-yearly, Yearly, Bi-yearly
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