NEWIntroducing the new Mono Dashboard

Collect swift recurring payments

Direct Debit lets you collect variable recurring payments directly from your customers' bank accounts—automatically, securely, and with complete flexibility.

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Building with Mono Direct Debit

Transform your recurring payment collection

Access every account automatically with one authorization, and avoid chasing payments across scattered funds

Increase payment success by 60%

Mono Direct Debit secures your customers' payments with Open banking tokenisation, lowering the risk of fraud.

Complete payment flexibility

The Direct Debit API enables you to create flexible payment and checkout experiences that suit your customers and business.

Reduce payment fees

Start accepting recurring fixed and variable payments with the powerful Direct Debit API or no-code setup.

Making bank to bank payments

Experience the user journey

One-time customer authorization gives you ongoing permission to securely collect payments directly from their bank account on your schedule. No cards, no chargebacks.

See a demo

Product benefits

Benefits of using 
Direct Debit

We’ve built comprehensive API endpoints to retrieve financial data from your customers’ bank accounts

Flexible payment types

Receive payments directly from your customers' authorized accounts and Skip missed payments due to expired cards.

Robust coverage

Mono Direct Debit enables your customers to authorize recurring payments quicker in fewer clicks.

Smart retry

Verify customers' directly from their banks, authorize accurately, and lower costly payment fees.

Testimonials

From businesses using Direct Debit

We can trust Mono over 90% of the time which is better than our previous provider. This ease & reliability are our favourite things about Mono.
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Barima Effah-Adjei

CEO, Float

Migrating to Mono was seamless... Mono's customer support efforts have helped us to create a much better UX for our users.
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Peter Olusesan

CEO, Inflow

Building with Direct Debit

What Direct Debit offers

Start collecting direct bank payments with developer-friendly APIs

Mandate initiation

Pre-built connections to 50+ banks mean you can go from idea to live product in days, not months.

Balance enquiry

Get real-time transaction data, income patterns, and spending insights that help you assess risk and personalize experiences

Debit initiation

Offer data-driven services that command higher pricing with access to rich, customer financial data.

Use cases

Revenue predictability for every business model

Here's how you can leverage the Mono Direct Debit API to accept recurring payments

Subscriptions

Access comprehensive credit information seamlessly with Mono. Gain detailed insights into credit histories, streamline your lending decisions, and reduce risks with our accurate and up-to-date data.

FlutterwaveSterling

Credit and Lending

Access comprehensive credit information seamlessly with Mono. Gain detailed insights into credit histories, streamline your lending decisions, and reduce risks with our accurate and up-to-date data.

FlutterwaveSterling

Wallet top-ups

Access comprehensive credit information seamlessly with Mono. Gain detailed insights into credit histories, streamline your lending decisions, and reduce risks with our accurate and up-to-date data.

FlutterwaveSterling

More ways to use Direct Debit

Other ways to use recurring payments

Secure and innovative payment methods all powered by Open Banking

No-code Direct
Debit Pages

Your customers authenticate with Mono before payment is approved, reducing fraud risk and increasing transaction success rates.

Learn more

Global Standing Mandate

Your customers authenticate with Mono before payment is approved, reducing fraud risk and increasing transaction success rates.

Learn more

Integrating The Product

Getting started

Get access to your customers’ accurate data, faster and more securely.

Powerful APIs and easy-to-use resources
Plug-and-play SDKs
Beautiful, seamless UX
Always-on, Slack support

Solving Problems

Build with best-in-class Open Banking APIs

Create an account

Connect to millions of customers across Africa:over 10+ million users have connected a financial account.

Meet your customers where they are:Connect across multiple institutions with access to over 50+ bank connections

Maintain data privacy with Open Banking standards:all connections are user permission-based only.

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Contact us

Ready to collect fast and flexible payments?

Let's talk about how Mono can power your business.

Blog posts regarding Direct Debit

Learn more about Direct Debit

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Direct Debit

How BNPL services can build a robust risk assessment process with Mono

Read more

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Prove

How BNPL services can build a robust risk assessment process with Mono

Read more

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Mandate

How BNPL services can build a robust risk assessment process with Mono

Read more

FAQs

Answers to questions you may have about Mono Direct Debit

Start building with Mono today

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Disclaimer:
The information provided on this website is intended for general informational purposes only and does not constitute financial, legal, or professional advice. While we strive to ensure that the content presented is accurate and up-to-date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Our platform is designed to ensure secure access to financial accounts for the purposes of retrieving statements, monitoring transactions in real-time, and verifying customer identities. Despite our use of advanced security protocols to protect sensitive information, we cannot guarantee the absolute security of your data. Users are advised to independently verify the accuracy and completeness of all information obtained through our services before making any financial or business decisions.

Furthermore, while we endeavor to keep the website running smoothly, we take no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

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