Sentenial SEPA e-Mandates is a SEPA-compliant e-Mandate facility which enables corporates to accept applications for direct debits on their websites, without any need for a paper signature. The corporate wanting to accept direct debit applications on its website will display a link to the Sentenial SEPA e-Mandates service, which Sentenial provides on a hosted, Software-as-a-Service (SaaS) basis. SEPA e-Mandates electronically captures and records the customers authorisation of their mandate and carries out validation of their bank account details.
In recent news, Irish financial institution Allied Irish Banks (AIB) has entered a partnership with Sentenialnto offer the Origix payment management service to AIB’s business customers in Ireland.
Sentenial provides direct debit processing services for the direct debit schemes and SEPA to corporate and public sector customers. The company develops and sells EuroDebit application, which enables organizations to manage their debit payments, as well as debit process, including back office reconciliation, straight through processing, risk management, online user interfaces, and reporting.
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