About the integration between Payt and Twikey
With the unique integration between Payt and Twikey, customers can easily issue a digital mandate for recurring payments. This form of authorisation is also known as an eMandate. Once a mandate is issued, every future invoice can be automatically collected. If a transaction is reversed, Payt automatically sends a reversal notification to your customer, allowing them to settle the invoice using another payment method (iDeal, credit card, etc). This way, outstanding invoices are paid without manual intervention. Convenient for you and clear for your customers.
About Twikey
Twikey relieves partners, customers, and consumers in their payment transactions. By maximising conversion to recurring payments (direct debit, recurring credit card, etc), automating the internal direct debit process, and providing extensive failure management, Twikey makes payments simple.