CCBill Releases SEPA Payment Option

TEMPE, Ariz. — CCBill has expanded its European direct debit solution to include SEPA (Single Euro Payments Area) to further enrich its global transaction processing options.

The launch creates opportunities now for merchants to conduct transactions in 32 countries across Europe, while offering a payment type millions of European consumers are comfortable using, the payment processor said.       

“The expansion of our Direct Debit options to include SEPA is significant for a couple of reasons. First, it provides merchants with a reliable and trusted payment processing service that they can use to reach literally hundreds of millions of consumers,” said Gary Jackson, managing vice president of sales and Internet markets for CCBill. “Second, for the past several years the European market has been growing in terms of generating online business while at the same time not having a common purchase methodology between the region’s countries. With this release, the growth possibilities to include any consumer with a bank account are something any merchant can now consider.”

The European Union is rolling out SEPA to assist in the standardization of how banks across the globe work together. Intended to make cross-border payments easier and combine all of the various country-specific markets into one, the SEPA initiative makes cashless payments in the Euro area as easy as cash payments.

“The unveiling of Direct Debit for SEPA will undoubtedly improve consumer, merchant and banking efficiency by standardizing common ideals and procedures around the world,” said Jason Kirk, vice president of product development for CCBill. “Working in a similar fashion to our EU Debit options that have been in place for consumers in Germany, Austria, and The Netherlands, the consumer simply makes a specialized bank transfer payment to the merchant, and performs an electronic signature to authorize it – which makes it ideal for recurring transactions and cross-sales alike.”

CCBill merchants that have EU Debit enabled on their account will have the SEPA Direct Debit payment option automatically available. To get EU debit added, call CCBill at (800) 510-2859.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

FSC Drops Opposition to California Age Verification Bill After Amendments

Free Speech Coalition (FSC) has dropped its formal opposition to California’s age verification bill AB 3080, after an amendment secured through months of discussions with the bill’s author was heard by the Senate Judiciary Committee.

SCOTUS Agrees to Hear Texas Age Verification Challenge

The United States Supreme Court granted on Tuesday the petition for a writ of certiorari in the Free Speech Coalition-led challenge to Texas’ age verification law, agreeing to hear the case in the next term.

Dorcel Group Acquires LifeSelector

Dorcel Group has acquired interactive content company LifeSelector.

Etsy Updates Policy to Ban Sale of Most Adult Pleasure Products, Content

Etsy will ban sales of most pleasure products and content that depicts sex acts and genitalia starting July 29.

Jamie Page Is LoyalFans' 'Featured Creator' for July

LoyalFans has named Jamie Page as its Featured Creator for July.

Byborg's Le Shaw Research Institute Teams Up With SWOP Behind Bars

LiveJasmin parent company Byborg Enterprises’ Le Shaw International Sexual Health and Wellness Research Institute has joined forces with U.S.-based sex worker advocacy group SWOP Behind Bars.

AI Erotic Storytelling Platform 'Erota' Launches

Erota, a new AI-powered erotic storytelling platform, has debuted.

Indiana Court Blocks Age Verification Law

A U.S. district court in Indiana has blocked the state's age verification law from taking effect this coming Monday, July 1.

Sex Worker Rights Advocates Speak at UN Criticizing Stigmatizing Report

Several sex worker rights organizations and advocates provided input this week at the United Nations office in Geneva, addressing a recent controversial report by the Human Rights Council’s special rapporteur on violence against women and girls, which made broad claims about sex work and adult content, and also endorsed different forms of criminalization.

DickHDDaily Launches Through YourPaysitePartner

New paysite DickHDDaily.com has launched through YourPaysitePartner (YPP).

Show More