Direct Debit Payments

Fax: 0844 127 362 - Email: info@d irectdebitpayments.co.uk Direct Debit Payments are the ideal solution for collections of recurring payments, and widely accepted by most consumers and businesses alike. Over 75% of adults in the UK have at least one Direct Debit and around 100,000 organisations use the Direct Debit scheme for collecting a variety o... f regular and occasional bills including utility payments, insurance, council tax, mortgages, loans and subscriptions. Traditional payment methods such as standing orders and cheques can be difficult to manage and disruptive to an organisations cash flow, credit card payments add their own level of complexity with declined transactions and fraudulent transactions, all compounding costs. Waiting for and chasing payments means that many organisations end up loosing control. Standing Orders can help when regular fixed payments are required but aren't as effective as Direct Debit collections, especially for varying amounts.Read More