Direct Debit [Mandate Management]

Fincra now enables you to make a direct debit from your customers NGN bank accounts.


The Mandate Management API enables Merchants to create debit mandate instructions on a bank account of its clients/customers for service(s) rendered or product(s) sold.

Use Cases:

  • Directly debiting a customers bank account
  • Managing recurring payments.

Note, a mandate typically takes between 24 - 48 hours to be approved by the domiciliary bank. For a mandate to be in effect, the account owner would have to authorize the mandate request, which would me made known to them by their bank.


Handling Mandates on the API level