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A Direct Debit is a recurring payment instruction that authorises an organisation (the originator) to collect funds directly from your budget. Direct Debits are commonly used for regular payments such as subscriptions, utility bills and loan repayments. The Equals Money API allows you to view, manage, and create Direct Debit mandates on your budgets. You can also monitor payment requests associated with each mandate and cancel mandates when they’re no longer needed.
Direct Debits are currently supported for GBP budgets only.