News & Articles

Read the latest news, articles and opinions about all the issues within the world of Direct Debit, Direct Credit and SEPA.

Looking at GDPR and Direct Debit – what are the implications?

November 30 2017

Data protection is one of the themes of the 21st century. There is so much information about us as individuals, held in different formats and by different businesses and organisations that it is no wonder we have rules in place to protect it. In May 2018, the...

Additional Bacs non-processing days over Christmas 2017

November 22 2017

The John Lewis Christmas ad has aired… time to make sure you’re up to speed with the Christmas non-processing days so that your direct debits run smoothly over the festive period. It feels like the run up to Christmas starts earlier and earlier every year –...

Do I need to upgrade my direct debit software?

November 09 2017

The software upgrade seems to be part of life – upgrading our phones, our laptops to make sure we’re running the most up to date version of the available software. Is the same true for the direct debit software your organisation uses to manage direct debit...

Our Guide to Setting up Direct Debit Instructions

November 03 2017

With Direct Debit being a widely trusted payment method, customers are increasingly opting to use the scheme. For businesses keen to sign up new customers, knowing where to start and how the process of setting up direct debit works is key. To give you a more...

SEPA Training: Increase Efficiency & Optimise Knowledge

September 19 2017

SEPA (Single Euro Payments Area) is a European Union initiative to integrate payment systems and simplify electronic transactions in euros throughout the 28 EU Member States and 7 non-EU countries and territories. Rather than transactions being processed between...

Direct Credit – The Advantages of Using a Bureau

September 06 2017

Processing your financial transactions in a secure, cost effective and reliable way can have a huge impact on business efficiency. With 2.1 billion payments processed in 2016, businesses are becoming increasingly aware of the benefits of Bacs Direct Credit. While...

Rent Payments – Direct Debit makes sense

August 11 2017

Rent. It’s tricky to pin down exactly how much is paid in rent every year in the UK, but with more and more people finding it difficult to afford to buy, the rental market is buoyant. That’s good news if you’re a landlord – but not if you’re faced with...

Unpicking the Statistics of Direct Debit Popularity

August 02 2017

The popularity of Direct Debit has been on the rise since its inception in 1968 and recent statistics indicate that the trend shows no signs of abating. In the last 10 years the volume of Direct Debit transactions processed each year has increased from 2.9 million...

Just how secure are your direct debit solutions?

July 26 2017

With the huge rise in the use of technology in all aspects of our lives, many people now make many payments over the telephone or online. With this constant exchange of sensitive information, it’s understandable that people have become increasingly concerned about...

Direct Debit – avoid the disruption of returned payments

July 20 2017

In our recent blog on BACS reports, we mentioned the ARUDD report – the Automatic Return of Direct Debit report - which lists any direct debit transactions which could not be completed. A direct debit transaction which fails means a dip in your cashflow and extra...

When to Submit your Direct Debit Files?

July 17 2017

Bacs publish a calendar every year which show their processing days and non-processing days. But how do you use it in the most efficient way. Bacs processing works on a fairly simple 3-day cycle - i.e. there are 3 days involved. These are known as the "Input...

BACS Reports – Know them and Use them!

June 19 2017

We look at the BACS reports that you will need to become familiar with as a Service User – what they tell you and how to use them! Once you have your direct debit – and, if appropriate, direct credit - systems in place, what next? There’s the addition of...