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What Is The Difference Between “core” And “b2b” Sepa Direct Debits?

Answer»

Core SEPA direct debits (SDDs) can be used by anyone, both by consumers and businesses. Services and PRODUCTS based on the business-to-business (B2B) SDD SCHEME are only AVAILABLE to businesses, the payer cannot be a consumer, and the payer (a business) is not entitled to obtain any refunds for an authorized TRANSACTION.

Core SEPA direct debits (SDDs) can be used by anyone, both by consumers and businesses. Services and products based on the business-to-business (B2B) SDD scheme are only available to businesses, the payer cannot be a consumer, and the payer (a business) is not entitled to obtain any refunds for an authorized transaction.



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