SEPA regulations do not allow mandates to be issued via email or phone; they require a handwritten or advanced electronic signature. YOiD Direct Debit enables users to authenticate and digitally sign the direct debit mandate within seconds using their banking credentials. Integration with onboarding and payment systems.
Direct Debit uses banking systems to identify the account, issue an eIDAS certificate and sign the mandate in seconds. All you need is your mobile phone and your bank’s website or app.
Forget about issues caused by SEPA non-compliant mandates and manage them digitally and automatically
Sign mandates online during the onboarding
No more handling of physical documents or paper signatures.
Avoid issues related to non compliant SEPA mandates
Data is verified by the bank
Highest banking standards for data and communication encryption
Mandates signed within seconds
If you have any further questions, contact us.
A SEPA mandate, or direct debit order, is an authorization that allows a creditor to make automatic withdrawals from a bank account
SEPA mandates are only valid if they include a handwritten signature or an advanced electronic signature
Without a SEPA mandate bearing a handwritten or advanced electronic signature, the charge is not authorized, and the user has up to 13 months to request a refund
The service will be available to any user who has a mobile phone and credentials to operate through digital channels in a bank that operates in the Spanish market.
The service is available to users of practically all banks, savings banks and credit cooperatives that operate in the Spanish market.
It is a service offered through banking channels and supported by banks' security systems. YOiD is an account information service provider with registration number 6929 supervised by the Bank of Spain.
Online verification of DNI or CIF as bank account holder
Read More …Online registration with banking credentials.
Read More …Scanning DNI data with your mobile
Read More …Online automation of SEPA mandates
Read More …Sign documents with legal validity (eIDAS).
Read More …Quick online verification of legal age with total privacy.
Read More …YOiD is an account information service provider and payment services provider authorized by the Bank of Spain. We develop services for companies that combine the application of the latest technological capabilities with our experience of more than 20 years in the financial sector. We create winning solutions with competitive agility.
Authorized Entity by:
Get in touch to learn about our services in detail and request a demo.
