Direct Debit stands for directly collecting payments from your customer's bank account. In Germany the so-called Electronic Direct Debit (elektronisches Lastschriftverfahren- ELV) has firmly established itself and for other European countries Pago offers this payment method as the Pago Direct Debit package.

If you choose Pago Direct Debit, you can offer direct bank debit payments to your customers from Germany, Austria and the Netherlands - other countries will soon follow.

Even though direct debit payment is not known in all European countries, it is one of the most interesting payment methods for online merchants. After all, you collect the money for goods and services yourself, directly from your customer's bank account.

The Pago Report 2004 confirms that Electronic Direct Debit is by far the most popular payment method in German E-Commerce - nearly two thirds of all German shoppers prefer this method.

> Quickinfo Pago Direct Debit

Pago Direct Debit - national versions

Although very popular in Germany, direct debit payment methods are not very wide-spread in other countries. In most cases direct debits are used only for regular payments such as salaries, rent and electricity and water bills. Often paper-driven forms are required and data is processed according to country specific procedures. Pago therefore offers different national versions of Pago Direct Debit.