How to do a SEPA payment? / How do I pay by SEPA?

13 Apr 2022 By PAYCEC

To make SEPA payments, you will need a PayCEC’s SEPA payment gateway and a IBAN (International Bank Account Number) number, which is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a lower chance of transcription errors.

An IBAN consists of up to 34 alphanumeric characters comprising a country code, two check digits, and a number that includes the domestic bank account number, branch identifier, and potential routing information.

Even if you don’t live in the SEPA area countries, you can still open a non-resident virtual bank account with an IBAN in Europe, and be able to make Euro transfers without a fee if it’s an internal bank transfer (same bank), and small fee if it’s a transfer between different SEPA bank accounts.

For payee checkout input:

  • Name of the merchant or your company (Beneficiary name).
  • The purpose of payment (please note your order details, such as order number, sender name… ).
  • International bank account number (IBAN) of the merchant.
  • Country that the customer wishes to send the money to.
  • Business identifier code (BIC) (if any).
  • Supporting documents (if any due to high volume of orders).

Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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