Financial Institutions

Financial Institutions

eBill Direct Debit is a modern, digital direct debit procedure

Financial institutions benefit from the new possibilities of a digital solution on several levels.

  • The consolidation of different payment processes on the eBill infrastructure enables simplified system landscapes and therefore lower operating costs for financial institutions.
  • eBill Direct Debit strengthens fundamental digitization strategies and customer self-service channels on the part of financial institutions.
  • Manual and therefore time-consuming direct debit processes can be replaced by automated eBill Direct Debit processes, thus saving costs.
  • With eBill Direct Debit, financial institutions can continue to offer their customers an account-based direct debit payment solution even after LSV+ and BDD are discontinued.
  • The role model of eBill Direct Debit enables financial institutions to maintain existing direct debit customer relationships on the corporate side.
  • Reuse of already implemented customer-bank messages (pain.001/002, camt.055/056) according to the ISO 20022 standard.
  • With eBill Direct Debit, financial institutions can be at the forefront of digital invoicing and request-to-pay.
  • Combined with instant payments, new use cases and new revenue streams can be developed in the future.

Contact our team of experts now

We can help you with your implementation and answer any questions you may have.