SEPA for SaaS, subscriptions and memberships
Charge SaaS or membership subscriptions via SEPA: a card alternative with very high success rate and low fees.
TL;DR
- Who it’s for: B2B/B2C SaaS, education platforms, discount clubs.
- Typical pain: Expired cards, high fees, returns due to fraud-flagging.
- SEPA solution: automated collections from your software, with receipts and traceability.
- Outcome: save hours of admin and get paid sooner.
The pain before SEPA
Expired cards, high fees, returns due to fraud-flagging. Without automation, each collection is an awkward conversation and each return a surprise.
The SEPA solution
With GenerateSEPA you turn an Excel sheet of debtors into a pain.008 (or pain.001 for payouts) in minutes. The bank processes it automatically and you receive the receipt.
How to start
- Get your CID. Ask your bank.
- Sign mandates with each customer (e-signature works). See SEPA mandate template.
- Load your data into a CSV or Excel template. See SEPA direct debit CSV template.
- Generate the file with GenerateSEPA.
- Validate with the SEPA XML Validator.
- Upload to your bank.
Sector specifics
Your most common sequence will be RCUR. If you need to mix first-time and recurring debits, GenerateSEPA handles it automatically.
ROI
At 50 monthly collections you save around 6 hours per month vs. requesting transfers one by one. At 200, the ROI is measured in full workdays.
Conclusion
If you recognise your day-to-day in this article, SEPA will transform your admin life. Start with GenerateSEPA.
