Frequently Asked Questions Glossary of Terms The Benefits of Direct Debit
The Open Banking initiative has its roots in a 2016 report by the Competition and Markets Authority (CMA), which found that more competition and innovation was need in the UK banking industry.
28th February 2018
As a training provider, your overriding mission will be to provide your students with the highest level of education possible, enabling people to flourish in their chosen career and local businesses to grow.
22nd January 2018
Direct Debit is now one of Britain’s favourite ways to make regular payments, with 66% of the UK’s bill-paying population preferring to pay their bills by Direct Debit
14th September 2017
If you manage your Direct Debit processing internally, you will receive a report from Bacs after each collection which indicates the success or failure of each payment. Although it is the most effective payment method, Direct Debit payments will still occasionally fail, and the reasons for failures will be indicated by a Bacs error code.
7th August 2017
This detailed guide to paperless direct debit will give you everything you need to know about the process of setting up paperless direct debit, the difference between paperless and AUDDIS and the benefits of paperless direct debit to you and your customers.
6th June 2017