It is widely recognised that the efficient handling and the acceptance of electronic mandates is a very important element in the context of a successful migration to and for the further development of the Direct Debit ( ) Core and Business to Business (B2B) Schemes. A mandate is signed by the debtor (payer) to authorise the creditor (payee) to collect a payment and to instruct the debtor's payment service provider to pay those collections.
In October 2013, the European Payments Council ( ) published a clarification letter (Letter EPC098-13; see ‘related files’ below), which addresses the current uncertainty among scheme participants; i.e. payment service providers that have formally adhered to the Schemes, and other interested parties around the question of acceptance of electronic mandate solutions under the Rulebooks.
The clarification letter highlights that the signature methods as described in section 4.1 of the Core and B2B Rulebooks are not exhaustive. scheme participants may consider allowing continued usage of other legally binding methods of signature including those that were used under the local legacy scheme rules.
This matter was also addressed on 23 September 2013 by the Council. Please see the Council statement published on 1 October 2013 included with the ‘related links’ below. The Council, which brings together representatives of both the demand and supply sides of the payments market including the , was established by the European Commission and the European Central Bank in June 2010.
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