Re:Direct Debit API for 1%; max £2
by perino on Thursday January 26, 2012 @11:20AM
(#3514670)
Besides the fact that a direct debit payment is reversible, isn't there also a timeout between the authorization and actual debit (in The Netherlands, I believe it's about 1-2 days)?
How do they handle chargebacks/failed payments and do they charge their merchants for failed payments/chargebacks?
I think direct debit could be huge on mobile, but given the fact that every direct debit payment can be cancelled within a month or so, how do you reduce your risks?
How do they handle chargebacks/failed payments and do they charge their merchants for failed payments/chargebacks?
I think direct debit could be huge on mobile, but given the fact that every direct debit payment can be cancelled within a month or so, how do you reduce your risks?