Legal aspects e-mandates
Mandates for direct debits have already been widely used, but were limited to national direct debit transactions. As SEPA direct debit mandates are valid across Europe, they represent a highly interesting option for creditors working with European customers. As a result of the fast growing e-commerce business unable to manage paper based mandates, there is an increasing demand for efficient and reliable e-mandates solutions for SDDs. To date however, there are still important legal and technical issues which prevent (pan-European) e-mandate solutions to emerge and to be used.
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