directdebit
Direct Debit is a payment method that allows a company or organization to collect money from a customer's bank account automatically. This is done on a pre-agreed date, with the customer's authorization. To set up a Direct Debit, the customer typically provides their bank account details and signs a Direct Debit Instruction (DDI) or mandate. This instruction gives the organization permission to withdraw funds.
Direct Debit is commonly used for regular payments such as utility bills, gym memberships, subscriptions, and
The process involves the organization sending payment requests to their bank, which then communicates with the