Direct Debit Outbound

Allow your end customer's accounts to start accepting Direct Debits and pay third parties via Direct Debits. Direct Debits are normally used in reoccurring payments e.g. Utilities, Subscriptions, etc.

High Level Flow

  1. Modulr receives Direct Debit mandates from merchants, via Bacs, validates the accounts, and sets up mandates on individual customer EMI accounts.
  2. Modulr receives Direct Debit collections from merchants via Bacs.
  3. Modulr informs Partner of accounts and amounts to be debited.
  4. Modulr debits customer accounts, sends Direct Debit payments via Bacs Direct Debit and immediately informs Partner of debits via webhook.