Direct Debit Request Service Agreement Direct Debit Request Service Agreement 2025

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A direct debit is a secure, cashless payment method that businesses can use to process payments. People often use the term direct debit to refer to SEPA Direct Debit payments. Direct debits allow businesses to collect the amount from the customers bank account on the payment due date.
You can cancel a Direct Debit at any time by contacting your bank or via mobile and online banking often in a section called regular payments.
If you see a payout you dont recognize, it could be from a platform or service that works with Stripe for payments. Platforms such as SquareSpace, Shopify, or crowdfunding platforms like Kickstarter, accept payments and get paid using Stripe.
Its possible these deposits are from a third-party service that uses Stripe to process payments, even if you dont have a Stripe account directly. Check your payment history with services like DoorDash or to see if they match the amounts, as they may use Stripe for payouts.
Why would Stripe need to debit my bank account? We may debit your bank account if your Stripe balance goes into the negative. We do this to ensure that any pending refunds on your Stripe account can be fulfilled in a timely manner, which will reduce the risk of customer disputes.
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Any Direct Debits on your account are yours to control, and theyre very easy to cancel. You can either get in touch with your bank or building society and tell them which one you want to stop, or you can cancel online or via your banking app.
You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us.
Only the account holder is able to set up a Direct Debit instruction. Even if you were to authorise a third party to set up a Direct Debit, a paper authorisation form would still be forwarded to you from the bank or building society.

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