EMI with regular payment and autopay support

[7889]

Are there any EMI's which support regular scheduled payments and, ideally, autopay in EU countries (by autopay i mean direct debit of utilities)? So far, i only know that Leupay for sure does not.

 

[Martin Everson]

Revolut

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[negon]

You can set this up with Mister Tango too!

 

[7889]

Thank you. Do you know in which countries they support direct debit? For example, will i be able to setup electricity/internet payments in Malta?

 

[Martin Everson]

7889 said:
Thank you. Do you know in which countries they support direct debit? For example, will i be able to setup electricity/internet payments in Malta?
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Sorry I may have misunderstood your original question 🙁. With Revolut you can set up a standing order i.e recurring payment but NOT Direct Debit with potentially varying amount each month. Yes they support Malta for recurring payment along with well over a dozen currencies and endless amount of countries.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[7889]

Martin Everson said:
Sorry I may have misunderstood your original question 🙁. With Revolut you can set up a standing order i.e recurring payment but NOT Direct Debit with potentially varying amount each month. Yes they support Malta for recurring payment along with well over a dozen currencies and endless amount of countries.
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No problem. I would suppose direct debit is not an easy thing to arrange for multiple countries at once. I still expect EMI's to start developing it, it would give them the edge over traditional banks.