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The Benefits of Direct Debit

The Benefits to Your Customers

 

Peace of mind

Your customers have the peace of mind knowing their bills are being paid automatically and they will never miss a payment or receive late payment penalties.

Convenience

Direct Debit is convenient and saves time. Your customers can forget about paying by card and posting cheques.


Security

Direct Debit is widely known as the most secure form of payment and instances of fraud are virtually unheard of.


Budgeting Made Easy

With Direct Debit, customers can control their budget and prioritise your payment.


Flexibility

Customers paying by Direct Debit can be given a choice of payment dates.


Customers trust Direct Debit

The Direct Debit Guarantee gives your customer the complete reassurance of knowing they are protected by a host of safeguards.

The Benefits to You

 

Improved Cashflow

Know exactly when cleared funds will be in your bank account making cashflow issues a thing of the past.


Save Time and Money

Your accounts department will spend less time mailing reminders and chasing errant payers.


Keep on Top of Your Accounts

With our pro-active reporting system, you will always be kept “in the know”.


Represent Bounces

Representing an unpaid Direct Debit has a 90% success rate. Keep your business ticking over.


Improved Security

Built in safeguards protect both you and your customer. The Direct Debit Guarantee vastly reduces the risks of fraud.


Customer loyalty

Instead of looking for new suppliers, most people find it easier to simply continue paying by Direct Debit.


Clear arrears

The flexibility of Direct Debit allows you to offer your customers easy ways to spread the cost of their payments.


Go Paperless

Converting your collection method to Direct Debit will dramatically cut down the amount of paper lying around your office.

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