SEPA Direct Debit is a simple way for you to accept Euro payments from any European member country. When making a payment, supporters will be prompted to provide their IBAN number and accept a "mandate" that will allow you to debit from their account.
SEPA Direct Debits in Beacon are processed and managed securely through Stripe.
Typical payment flow
Enabling SEPA Direct Debit
SEPA Direct Debit can only be enabled if the Euro currency is enabled on your account. Go to Settings > Charity Preferences and make sure that Euro is set as either your primary currency, or one of your secondary currencies.
Go to Settings > Payments in your Sidebar.
If you haven't already, you'll need to connect your Stripe account.
Scroll down to SEPA Direct Debit, and enable it using the toggle:
That's it! SEPA Direct Debit will now be shown as an option on any of your Euro currency forms for recurring payments.
Frequently asked questions
How long does it take for a SEPA payment to be processed?
SEPA Direct Debit is a delayed payment mechanism. Unlike card payments, you will not be paid immediately. It can take up to 14 business days for a subscription in Stripe to be confirmed.
Which countries can accept SEPA Direct Debit payments
Any country in the following list can accept Euro payments via SEPA Direct Debit. (Based on your Stripe account's country)