SEPA ELV and credit checks via ConCardisManfred K. Wolff
SEPA ELV and credit checks via ConCardis
creditPass is a partner of ConCardis PayEngine for processing the payment method electronic SEPA direct debit (SEPA-ELV). A standard check with the AccountsCheck (4safe ® ) is carried out for every direct debit transaction. Depending on the needs of the retailer, additional query types can be included in the ordering process via creditPass in order to obtain additional security.
Advantages:
Management of all ELV payments centrally via the ConCardis PayEngine (authorization, booking, etc.)
Reduction of the return debit rate by checking the account details
Optional expansion with creditPass ( all credit agencies / all query types ) possible
Special conditions
Brief overview: Process of an ELV transaction
Further information on the ELV can be found here .