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

Tag: Paperless Direct Debit

Paperless Direct Debit and Electronic signatures

April 06 2017

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...

Advantages of Paperless Direct Debit for Your Members

February 06 2017

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...

How long should you store a Direct Debit Instruction?

April 02 2014

What is a Direct Debit Instruction? A Direct Debit Instruction (DDI) is the authority given by the Payer to enable an organisation to collect Direct Debits from their (the Payer’s) account. This DDI can be collected using a paper form that the Payer signs and...

ID checking for customers signing up for Direct Debits

April 09 2013

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...