ING is the first bank in the Netherlands to provide the e-Mandate service from Equens for its corporate customers. Enabling customers of businesses and government agencies to pay for products and services using secure digital direct debit mandates/e-Mandates.

Direct debit e-mandate service

The e-Mandate service enables organisations to offer payment by direct debit through their websites. Equens will handle the technical processing of the e-Mandates. Equens claims that the new solution is more efficient and user-friendly than the traditional, existing direct debit mandate, as it enables:

• businesses to improve the efficiency of their direct debit process, thereby saving costs associated with paper direct debit instructions sidestepping the lack of security of the existing online direct debit mandate procedure
• consumer to use the online service to issue their direct debits electronically through their trusted bank portal, using a method similar to the online iDEAL payment.

Roel Popping, Director of Payments, ING Nederland: “Our customers are looking to issue direct debit mandates in a way that is easy, user-friendly and secure, and the e- Mandate service enables them to do just that – all electronically. Business customers ranging from online stores to energy providers will be able to further optimise their direct debit process through this product.’

Alessandro Baroni, Equens Chief Marketing Officer: “Equens is supporting banks with an all-new service on a platform that is fully adaptable to future change, and facilitating e-Mandates in Netherlands is the first step in this process. Our platform is equipped to process multiple European solutions and electronic payment and digital identity schemes. We are providing a fully adaptable solution which our customers can easily extend by adding other services.”