Re:Stripe raises $600M at nearly $36B valuation
by lxgr on Friday April 17, 2020 @11:21AM
(#22899775)
> You always need a "mandate" to debit an account and if you get that properly signed by the customer, you should be able to get the bank to reverse the reversal
That's unfortunately not true. There is no recourse to direct debit returns; there is no dispute resolution process or anything like that. The presence or absence of a mandate only impacts the timeframe for returns to be files, as far as I understand.
That's unfortunately not true. There is no recourse to direct debit returns; there is no dispute resolution process or anything like that. The presence or absence of a mandate only impacts the timeframe for returns to be files, as far as I understand.