Direct Debit enables merchants to pull payments directly from their end user’s account balance such as from banks. Direct Debit also allows merchants to offer their end customers to link their accounts to the merchant’s platform to create a seamless payment experience for subsequent transactions.
On top of that, merchants can enjoy instant settlement and fees significantly lower than traditional credit card fees. Merchants also get access to multiple banks across the region via a single integration with Xendit. Xendit also takes care of account token management and refresh on behalf of the merchant.
For Indonesian banks, direct debit is done by linking a bank-issued debit card and using that for payments. Our supported banks are:
For Philippine banks, direct debit is done by authorizing via online banking access first then making payments after. Our supported banks are: