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Direct Debit API for 1%; max £2

gocardless.com

41–50 of 96 posts

Re: Direct Debit API for 1%; max £2

#41
post #37

Earlier quoted context omitted.

That requires your customer to actually go to the banks website/ATM and pay you.

Yes, and no. Bank has APIs for including/opening popup with a very simple "focused on this transaction only" form for a quick payment sign from the user. So this is integrated into the seller site purchase flow.

Which bank has those APIs?

Re: Direct Debit API for 1%; max £2

#43
Questions:

What shows on the bank statement?

Is collective payment taken once a month or on a per transaction?

When using a credit card, having a keylogger trojan on my comp is a minor deal. if I'm entering my bank details, it becomes huge. Am I covered?

The UK is one of the financial scam hotspots of the world. CS told a family member it's why BB left the UK. This after the family member had an order for £5,000 worth of iMacs cancelled repeatedly for no apparent reason (even after confirming three times with the CC company that the card was okay to go ahead).

I hope you're ready. There is a huge demand for a solid payment solution though, so if you hit it right, you're on to an easy exit.

Re: Direct Debit API for 1%; max £2

#44
post #37

Earlier quoted context omitted.

Yes, and no. Bank has APIs for including/opening popup with a very simple "focused on this transaction only" form for a quick payment sign from the user. So this is integrated into the seller site purchase flow.

Which bank has those APIs?

In Sweden—all major banks.

Re: Direct Debit API for 1%; max £2

#45
post #36

Isn't this the exact same thing guys like Adyen have been doing for several years? ( https://support.adyen.com/index.php?_m=knowledgebase&_a=... ) Or am I missing the point here?

Adyen don't look very professional.

I agree that the site doesn't look great, but their platform works pretty good (well, apart from the abysmal SOAP API) and they offer support for lots of different payment methods (including direct debit, in lots of countries). So I truly don't understand why everybody is suddenly getting so excited about direct debit payments?

Re: Direct Debit API for 1%; max £2

#46

What's with the £2 limit though? And what prevents me from splitting my payments into several £2 chunks?

I thought it was some sort of new 'micropayment' service aswell from the HN title of "Direct Debit API for 1% max £2". Twas only after reading the website that I realised the max £2 is for their fee.

Re: Direct Debit API for 1%; max £2

#47
post #37

Earlier quoted context omitted.

Yes, and no. Bank has APIs for including/opening popup with a very simple "focused on this transaction only" form for a quick payment sign from the user. So this is integrated into the seller site purchase flow.

Which bank has those APIs?

I know for sure Montepio has them. Probably others too but that's the only one I use. I pay all my bus tickets with it directly from the bus company website.

Re: Direct Debit API for 1%; max £2

#48
post #45

Earlier quoted context omitted.

Adyen don't look very professional.

I agree that the site doesn't look great, but their platform works pretty good (well, apart from the abysmal SOAP API) and they offer support for lots of different payment methods (including direct debit, in lots of countries). So I truly don't understand why everybody is suddenly getting so excited about direct debit payments?

When your customers money and your businesses reputation are at stake trust is a huge issue. The website doesn't look great and gives hardly any information on the services.

I'm sure if they smartened up their website and offered a REST API they'd be in a much better position for web based startups to consider them, otherwise I'm left searching for signs that its a professional and trustworthy company to try and balance my initial impression.

Re: Direct Debit API for 1%; max £2

#49
post #43

Questions: What shows on the bank statement? Is collective payment taken once a month or on a per transaction? When using a credit card, having a keylogger trojan on my comp is a minor deal. if I'm entering my bank details, it becomes huge. Am I covered? The UK is one of the financial scam hotspots of the world. CS told a family member it's why BB left the UK. This after the family member had an order for £5,000 wort…

You'd be covered by the direct debit guarantee scheme which, like credit cards, refunds any disputed transaction as soon as it's reported.

Re: Direct Debit API for 1%; max £2

#50
post #37

Earlier quoted context omitted.

Yes, and no. Bank has APIs for including/opening popup with a very simple "focused on this transaction only" form for a quick payment sign from the user. So this is integrated into the seller site purchase flow.

Which bank has those APIs?

In Poland probably everything. There's services that handle the integration, so you don't have to implement all of their APIs.

My banks service is called mTransfer, and the integration providers are e.g. Przelewy24 and platnosci.pl. Basically all the polish websites connect to one of those.

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