Read our latest newsletter, blogs, articles and opinions about all the issues within the world of Direct Debit and Direct Credit.
Many organisations that use Direct Debit as a means of collecting regular payments will have migrated to the Automatic Direct Debit Instruction Service (AUDDIS), which allows Direct Debit Instructions (DDIs) to be sent electronically to Bacs. From there, it’s a...
Direct Debit - particularly paperless direct debit - offers a number of advantages for organisations receiving payment in this way – but as with any such system, the benefits have to be mutual. As any membership organisation knows, it’s vital to be able to...
The latest Service User Guide and Rules to the Direct Debit scheme (SUG&R v4.1) has clarified what is and is not provided by modulus checking. Modulus checking describes the ability to check that a bank account number and sort-code are accurate. It does...
KYC (Know Your Customer) checks are a mandatory requirement for any Paperless Direct Debit process, (i.e. where there is no paper Direct Debit Instruction (DDI) to be signed). Does a Service User – the organisation collecting payments by Direct Debit (DD) – need...
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