Archive | SEPA

SEPA stands for Single Euro Payments Area. It consists of 34 countries where SEPA payments instruments like SEPA Credit Transfer and SEPA Direct Debits are used for funds transfer.

The Four Corner Model for the SEPA Direct Debit

The Four Corner Model for SEPA Direct Debit

If you ever want to understand how a payment instrument works and specifically the SEPA Direct Debit, the place to start is to draw the Four Corner Model and to study it. In introductory articles, we analyzed the open loop model, which remains the most widespread payments system model in the world. The Four Corner […]

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