Read our latest newsletter, blogs, articles and opinions about all the issues within the world of Direct Debit and Direct Credit.
Bacs, the governing body behind the Direct Debit Scheme, announced that this summer it processed its 100 billionth transaction since it was first established in 1968. Part of its success has been down to the growth of its Direct Debit Scheme which has seen massive...
ID checking is required for any organisation using Paperless Direct Debit (PDD) sign up. The Service User’s Guide and Rules to the Direct Debit Scheme (Section 16.3) states: “Prior to the origination of any Direct Debits the Service User must verify the identity...
When it comes to the security of our money and financial transactions, most of us would place security as a fairly high priority. Direct Debit is almost certainly the best method of payment open to customers and yet they still sometimes mistrust it or prefer to pay...
The Direct Debit Guarantee is one of the main reasons that the Direct Debit Scheme has been so successful. But what actually is it? What is the Direct Debit Guarantee? The Direct Debit Guarantee offers protection should there be an error in the payment of a Direct...
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