News & Articles

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

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...

Flexible donation options benefit charities

June 07 2017

We work with a number of charities setting up, streamlining and supporting their direct debit operations. One thing that’s very clear to us is that whichever charity we’re working with, every donation counts. So how do you go about creating a flexible donation...

Confidence in Direct Debit contributes to success of Current Account Switch Service

May 26 2017

Chances are, you will have seen the latest marketing campaigns run by the Current Account Switch Service (CASS), which is owned and managed by BACS. The availability of this ‘free to use’ scheme supports the banking population, both consumer and business, to...

The cancelled Direct Debit instruction

May 26 2017

Direct debit provides a convenient and straightforward way for customers to pay regularly for services they receive on an ongoing basis. However, whilst direct debit solutions are easy to manage from an organisation’s perspective, customers are able to cancel...

10 ways you can make Direct Debit savings

April 13 2017

If you are planning to review your finances and how you pay out money, here's 10 tips of how you can make direct debit savings. Pay your gas and electric bills via Direct Debit.  The savings can be huge! Nearly all the major energy companies will offer a...