Blogs, News & Articles

Read our latest newsletter, blogs, articles and opinions about all the issues within the world of Direct Debit and Direct Credit.

Category: Paperless Direct Debit (PDD)

What is a Modulus Check?

January 15 2021

When you operate a Paperless Direct Debit (PDD) system, a modulus check is mandatory at the point of customer sign-up. For users of both AUDDIS (Automated Direct Debit Instruction Service) and paper-based Direct Debit systems, it is highly recommended at the point...

Paperless Direct Debits (PDD) – An overview

July 22 2020

Recently we have seen an increase in the number of organisations contacting us because they want to introduce Paperless Direct Debits (PDD). The Covid-19 lockdown has highlighted the difficulties inherent with a paper-based system. As offices and mail houses have...

Advantages of Paperless Direct Debit for your Members

August 15 2019

Paperless direct debit offers a number of advantages for organisations. It also offers benefits for your members signing up to pay. Easy sign up Signing up for a direct debit has always been easy - its a simple 1 page form to complete.  With the...

What You Need to Know About KYC and Modulus Checks

October 09 2018

Is your organisation performing KYC checks and modulus checks? Do you know the Scheme rules that apply to them and why they are important? KYC checks and modulus checks KYC checks What is KYC? KYC stands for Know Your Customer and refers to the checks that Service...