Harnessing the power of Direct Debit has numerous benefits for both you and your customers.
Arrange a CallThey know that their bills are being paid automatically: they will never miss a payment or receive late payment penalties.
They can leave behind the hassle of posting a cheque or calling to pay by card. Switching to Direct Debit from cheques can save them up to seven hours a year.
They are reassured that Direct Debit is the most secure form of payment available and that fraud is highly unlikely.
They know that the Direct Debit Guarantee protects them with a comprehensive range of safeguards.
They are paying alongside 80% of the UK adult population who have at least one Direct Debit.
They can fully control their finances and predict their cashflow: Direct Debit offers options not found in alternative payment choices such as standing orders.
You know exactly when cleared funds will be in your bank account, unlike other payment methods which could arrive at any time.
Your accounts department will spend less time sending reminders and chasing unpaid invoices.
You will be notified of payments and non-payments with our pro-active reporting system, ensuring you are always in the know.
You can keep your business running smoothly as re-presenting an unpaid Direct Debit has a 90% success rate.
You and your customers are protected by built-in safeguards with the Direct Debit Guarantee vastly reducing the risk of fraud.
With Direct Debit you have the flexibility to collect on any banking day that you choose.
You can offer your customers the option to spread the cost of their payments.
You can say goodbye to piles of paper cluttering up your office by switching to Direct Debit.
Any company, organisation, partnership, charity or sole trader that charges recurring fees for a product or service can benefit from FastPay’s fast and friendly Managed and Commercial Bureau schemes.
Choosing FastPay to look after your Direct Debits will give your cashflow and customer service a boost, while saving you time and money.
The flexibility of Direct Debit is second-to-none. With FastPay, you enjoy these benefits at no extra cost:
These strengths make Direct Debit suitable for a range of companies and organisations with differing needs:
“We have used FastPay LTD for our direct debit collections since our companies inception over 6 years ago. At all times we have found them to be a proactive, dynamic and professional team who deliver on their word. Their easy to use systems and processes mean that we have rarely had to call on their services except for advice, which has always been both accurate and readily forthcoming When we required urgent help owing to a 3rd party issue, FastPay reacted quickly and pragmatically, going well beyond what we could reasonably expect. Without FastPay, their industry knowledge, contacts, and the amazing team which underpin it, our business would simply not be able to function. I would highly recommend them to any business, and have referred numerous customers and colleagues to them.”
“Thanks to everyone at Fastpay for your work this year. Have to say we have zero issues with our direct debits and the system works really well.”
“I know I have been with you a while now and I must say your service is first class.”
“I have been working with Fastpay over the last 10 years and I cannot congratulate them enough for the smooth and effective way that they run their company. I’ve had loads of questions in the beginning and they were always able to assist in a friendly and professional way. Thank you for making the process easy for us to follow. Thank you Mark, Julian, Jonathan and everyone else at Fastpay for your excellent service over the years. It is a pleasure to work with you all. ”
“I would like to say how impressed I have been with the way our transactions via FastPay have worked. From the download from our membership database (MyCourts) to uploading the files via your portal the system has been simple to use and is highly intuitive. All communications from your selves have been timely and helpful.”
“Can I just pass on my thanks to you and your team at Fastpay for your help, support and advice for our recent transfer of our Direct Debits to Fastpay. Your team has been brilliant and helped me and my team through any problems we have come across.”
“Lithium Systems Ltd - Fastpay makes my life so much easier and I appreciate your service. All the best to your team for 2021.”
“As a business owner, getting the invoices paid on time, if at all, is one of the most time consuming and unenjoyable tasks I had to undertake. FastPay has taken that pain away for good, yes it is a big learning curve but it is worth the effort. To see the funds arrive in my account at the end of the month without any hassle, phone calls, letter sending...”
“I was looking for a direct debit service that was simple to use and provided a secure and flexible payment option for my customers. FastPay customer support has been excellent and their advice is extremely helpful. I wouldn't hesitate to recommend the service. ”