Re:Bank transfers as a payment method
by ThrowAwayIRUK on Saturday November 27, 2021 @08:12AM
(#29359897)
SEPA has 4 message types, currently:
- PUSH:
- SCT Standard
- SCT Instant
- PULL:
- SDD Core
- SDD B2B
As a bank, you are not forced to support all of them; also, it depends on the local consumer behaviour: in some countries, pull mechanisms are not that widely accepted
DISCLAIMER:
Lead Payment Engineer at an European Challenger Bank, i'm implementing that stuff in the backend, i'm mainly talking to our central bank.
- PUSH: - SCT Standard - SCT Instant
- PULL: - SDD Core - SDD B2B
As a bank, you are not forced to support all of them; also, it depends on the local consumer behaviour: in some countries, pull mechanisms are not that widely accepted
DISCLAIMER: Lead Payment Engineer at an European Challenger Bank, i'm implementing that stuff in the backend, i'm mainly talking to our central bank.