eCurring partners up with Mollie Payments. Each hour, we send the newly created transactions to Mollie Payments. In their turn, they send the transactions twice a day to the bank, so they can be processed.
eCurring is responsible for the interface and logic for making automatic recurring payments possible, while Mollie takes care of the actual processing, charging & paying out of the transactions.
Mollie Payments processes transactions from over 60.000 businesses all over Europe. More information on them can be found on their website.