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Use Case · Payments

Issue the mandate, verify the account, in one step

Replace paper-based direct debit mandates with a fully digital SEPA mandate backed by strong customer authentication — IBAN and account holder are verified simultaneously.

Built for: Real Estate · Energy Providers · Telecommunications · Insurance · NGOs · Mobility & Subscription Services

  • Mandate & IBAN Verification in One Step
  • Strong Customer Authentication (2FA)
  • Full Legal Compliance
  • Available Across Europe

About This Solution

Paper mandates create friction: forms never get returned, incorrect IBANs lead to failed direct debits, and in a chargeback dispute, proof of consent is often missing. The FINcredible SEPA eMandate solves this by combining mandate signing and IBAN verification into a single digital step — right at the point of contract, with no break in the process.

Not just a digital form — real account verification

Unlike a simple digital signature, the customer authenticates directly with their own bank via 2FA. The bank account is verified at the same time — the result: a verified IBAN, a confirmed account holder, and a legally compliant mandate in one step.

 

Full legal compliance for chargeback disputes

Documented consent with a timestamp, 2FA proof, and a verified bank account — the strongest possible protection if a payer disputes a direct debit within the SEPA reclaim period.

How FINcredible Works? Technology and infrastructure for secure digital financial, identity and verification processes.

Coverage

Broad banking and process coverage for scalable digital customer journeys.

Security

Regulatory-compliant security and verification mechanisms for trusted digital processes.

Integration

Flexible integration via REST API, SAP or white-label implementation into existing systems.

WebApp

Digital verification and onboarding flows without additional development effort.

Access to Account

Secure access to consent-based financial data powered by PSD2 and Open Banking.

ID Austria

Austria’s official digital identity infrastructure.

Ready to Secure Your Business. Contact Us Today & Scale Your Growth

Questions

How can I set up a SEPA direct debit mandate online?

With the FINcredible SEPA eMandate, the mandate is issued entirely online: the customer opens a mandate link, selects their bank, and confirms the mandate through strong customer authentication (2FA) with their own bank — no paper form, no mail required.

Many digital solutions rely on an electronic signature (such as a QES), where a document is signed digitally. The FINcredible SEPA eMandate works differently: the account holder authenticates directly with their bank via 2FA, which verifies the IBAN and account holder at the same time — mandate signing and account verification happen in one step instead of two separate processes.

The requirements for a legally valid SEPA mandate depend on the contractual agreement between the payment recipient and their payment service provider; in the event of a dispute, the payment recipient must be able to prove the direct debit was authorized. Strong customer authentication via the payer’s own bank provides a documented proof of consent, including a timestamp and 2FA evidence. For a binding legal assessment in your specific case, we recommend confirming the requirements with your own payment service provider.

A payer can revoke a SEPA direct debit within 8 weeks, or up to 13 months in the case of an unauthorized transaction. The burden of proof for a valid mandate lies with the payment recipient — the FINcredible eMandate provides complete documented evidence, including a verified bank account.

Incorrectly entered IBANs are among the most common causes of failed direct debits. Because the FINcredible eMandate retrieves the IBAN directly via the bank’s Open Banking interface, manual entry — the most common source of error — is eliminated entirely.

Via a REST API into existing onboarding, ERP, or CRM systems, or directly through the WebApp with no development effort required — the mandate link is sent by email, SMS, or QR code.

The entire process — opening the link, selecting a bank, logging in with familiar credentials, and confirming the mandate — typically takes end customers within one minute, with no app download required.

Testimonials

See what our clients say about working with us.

Ready to collect SEPA direct debit mandates GDPR-compliant with simultaneous IBAN verification?

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