Taking payment by Direct Debit
You probably utilise Direct Debit processing in your personal banking all the time. So it’s easy to see why collecting regular payments from your customers via our direct debit platform makes perfect sense.
Get paid on time, every time
Start each month confidently, knowing that Direct Debit works well for you and your customers. Taking payment by Direct Debit ensures that funds are automatically collected from your customers on their due dates, reducing the risk of missed or late payments. This not only simplifies financial management for your business, but also offers a hassle-free experience for your customers, who can enjoy the peace of mind that comes with automatic payments. By integrating Direct Debit into your payment process, you create a smoother, more predictable financial routine, allowing you to focus on what matters most - growing your business and delivering excellent service.
Improved cash flow
When you accept Direct Debit payments you’ll receive funds from your customers on time. This reliable payment method not only minimises delays and reduces the process of chasing overdue payments but also significantly improves your cash flow. With payments arriving on time, you’ll have greater financial stability, allowing you to plan ahead and keep your business operations running smoothly without interruptions.
Greater efficiency
By choosing to collect Direct Debits online you can streamline billing and payment processes, saving you valuable time and resources. Automating the collection of payments reduces the need for manual follow-ups, minimising the administrative burden on your team. By embracing this efficient approach, you can focus on growing and running your business whilst delivering top-notch service, knowing that your payments are taken care of.
Convenient
Customer protection
Better budgeting
Direct Debit payments help your customers in terms of budgeting as they know exactly how much money is coming out of their bank accounts and when. Your customers can utilise Direct Debit processing to spread the cost of major purchases over time, making it easier to manage their finances without the worry of large, one-time expenses. When you accept Direct Debit payments, you also provide a smoother, more predictable payment schedule, making it easier for both you and your customers to prepare for what’s ahead. This means they can obtain higher quality goods and services for a lower cost upfront. So everyone wins.