#Venkatesh Thirupathi

1 messages · Page 1 of 1 (latest)

covert ferryBOT
tight edge
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Hello 👋
I am not fully aware about Afterpay <> eMandate flow myself.
Are there any docs you are following for this?

pine vine
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@tight edge Afterpay and eMandate are payment methods that offer specific functionalities:

Afterpay:
Afterpay is a popular "Buy Now, Pay Later" service that allows customers to make purchases and pay for them in installments. It enables consumers to split their payments into equal, interest-free installments over a fixed period, usually four or six weeks. Afterpay is widely used by e-commerce merchants, particularly in the fashion and retail industries, to provide a more flexible payment option for customers.

eMandate:
eMandate, or Electronic Mandate, is a mechanism used for recurring payments through bank accounts, primarily in European countries. It is commonly associated with SEPA (Single Euro Payments Area) Direct Debit, which enables merchants to collect payments directly from customers' bank accounts on a recurring basis. eMandate simplifies the authorization process by allowing customers to provide their consent electronically, replacing the traditional paper-based mandates for direct debits.

Both Afterpay and eMandate offer unique payment options that cater to different customer preferences. They can provide convenience, flexibility, and improved cash flow management for consumers and businesses alike. https://bluem.nl/blog/en/web-site-version-2-0-2/mandates/what-is-an-emandate/

Back What is an emandate? With emandates, not only consumers, but also companies can issue online a direct debit mandate via internet banking. A handwritten signature is no longer the only way to issue a valid authorization for direct debit. The emandate process is very similar to that of iDEAL. Emandates are not only easier … Continue reading "...

tight edge
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I see. I am not sure if this is something Stripe currently supports as afterpay can't be used for recurring payments via Stripe.