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What is the SEPA payment gateway?

13 Apr 2022 By PAYCEC

SEPA allows customers to make cashless Euro payments to any banking account and anywhere as long as they are inside SEPA's supported territory. PayCEC launched its ready-made SEPA payment gateway that enables merchants to access SEPA without any intermediary bank.

PayCEC offers the lightning-fast and most secure SEPA payment gateway with hassle-free integration for merchants to accept SEPA payments from customers' accounts in 36 SEPA countries and associated territories. Besides, PayCEC’s SEPA payment gateway fee is considered cost-efficient as it is lower than international bank transfers.

Name

Single Euro Payments Area.

Implementation year

2014 for Euro area countries.

2016 for Non-Euro area countries.

Currency

Euro (€).

Cashless payment instruments

Credit transfer, direct debit.

Speed of processing

No longer than 1 business day for electronic payment orders, 2 business days for paper-based payment orders.

SEPA area countries

36 countries (includes some non-euro area and non-EU countries).

Stakeholders

European banking and payments industry, payment service users, national governments, the European Commission, the Eurosystem, and several other public authorities.

With PayCEC’s SEPA payment gateway, start collecting payments within the eurozone is so easy.

Have other questions?

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

Have other questions?

The Media

Finextra One IBC Yahoo Finance
About us

who we are

about us

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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