Powens Direct Debit reduces manual work and unpaid bills by pulling funds directly from the payer account, automatically.
Collect funds directly from a customer’s bank account, each time a payment is due. Ideal for recurring payments.
You decide exactly when to pull funds, and how much. Perfect for variable subscriptions or multiple ad-hoc transfers.
Our API allows to sync debits with invoices, to issue multiple beneficiary accounts and to orchestrate money movements.
Business payments? We support B2B SDD. Compliance issues? We check account ownership and account funding.
Deliver instant credit experiences, increase loan acceptance while reducing arrears and defaults.
Reduced default rate by 8-10% with flexible repayment options.
Save customers days of backoffice work by automating rent scoring & collection, property expense payments and accounting.
Achieved 15x growth in one year by automating rent payments.
Get paid and move money your way with a complete suite of pay-in and pay-out options linked to unlimited IBAN accounts.
Offers cost-effective wallet top-up to 45M customers
Embed business accounts in SME finance software to automate collections and supplier payments.
Online onboarding. Liveness ID checks, account setup.
Issue accounts with IBANs Physical or Virtual. Via Admin dashboard or API.
Start collecting pay-in and sending pay-outs. Use Powens embedded methods or third-party providers.
“We implemented Direct Debit to automate the collection of contributions that homeowners pay, but also for recurring property expenses. We saw a spectacular growth in the use of the service.”
Powens is a renowned expert for automating mission-critical payment operations, especially for lending, accounting, utility payments and international transfers. We process more than 2,4Bn€ payments a year.
Our API-first solutions are flexible enough to cover multiple use cases requiring fast account management and instant pay-in and pay-out operations – whether for you or your customers.
Powens’ bank connectivity supercharges payment operations by reducing fraud rate, payment failures and defaults – while streamlining accounting reconciliation.
Powens Direct Debit lets you pull funds directly from a customer’s bank account automatically when a payment is due. It supports both SEPA Core Direct Debit and B2B Direct Debit, making it ideal for recurring payments like rent, subscriptions, loan repayments or utility bills — reducing manual work and unpaid bills.
Yes. You decide exactly when to pull funds and how much. This makes Direct Debit suitable for variable subscriptions, multiple ad-hoc transfers, or any scenario where payment amounts or dates change over time.
Powens’ Direct Debit is augmented by Open Banking: it can auto-fill mandates and prevent debit failures by retrieving the debtor’s bank balance directly. This reduces rejected payments due to insufficient funds and streamlines the mandate setup process.
Powens processes 420,000+ monthly pay-ins via Direct Debit and Pay by Bank combined, for a yearly pay-in volume exceeding 1 Bn€.
The API allows you to sync debits with invoices, issue multiple beneficiary accounts (via Virtual IBANs) and orchestrate money movements. This automates the matching of collected payments to outstanding invoices, significantly reducing manual accounting work.
SDD Core covers all payer types (consumers and businesses) and is simpler to set up. The debtor may request a no-questions-asked refund within 8 weeks after the debit, and up to 13 months in the case of an unauthorized transaction. In contrast, SDD B2B is restricted to business debtors and requires the debtor’s bank to verify the mandate before execution; however, once collected, the payment is irrevocable, providing creditors with full certainty of settlement.
Direct Debit avoids card-related issues like expired cards, forgotten renewals, small spend limits and chargebacks. Payments are pulled directly from bank accounts, ensuring continuity for recurring billing without relying on customers to keep payment details up to date.