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Introduction to SEPA Direct Debit via XML Export

Why to collect direct debits through your bank by using SEPA-compliant XML files

Updated today

The SEPA Direct Debit via XML Export feature allows you to manage direct debit payments independently of Stripe, giving you full control over how and when payments are collected—without incurring Stripe’s processing fees.

This feature is ideal for operators who prefer to handle payments directly through their own bank. By exporting SEPA-compliant XML files from Kinnovis and uploading them to your bank, you can significantly reduce transaction costs and gain greater control over cash flow.

What You Can Do

  1. Securely store your customers’ SEPA mandate details within Kinnovis

  2. Assign "SEPA Direct Debit via XML Export" as the payment method on bookings and invoices

  3. Export unpaid invoices into a standard SEPA XML file (PAIN.008.001.02)

  4. Upload the XML file to your bank to initiate direct debit payments

  5. Manually update invoice statuses in Kinnovis after the bank has processed the transactions

Why Use It

  • Lower costs: Avoid Stripe's processing fees

  • Faster settlements & improved cashflow: Your customers' payments go directly into your account

  • End-to-end control: Manage SEPA mandates within Kinnovis and collect payments in bulk through your bank

  • Compliant and secure: XML files meet ISO 20022 standards; sensitive data is encrypted

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