We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Collecting customer payments via Direct Debit can be efficient and secure ...

Last week, when guest speaking on a webinar, I was posed with the question, “Direct Debit has been around for a while, but we’re seeing new uptake and new popularity. So, why is it making a comeback ...

In the world of recurring payments, subscriptions, monthly premiums and collections there are generally two schools of thought: 1) Direct Debit is a tried and tested payment method, it’s low cost and ...

According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

Households in the UK are being hit by a triple whammy of high inflation, rising interest rates and soaring energy costs. As a result, banks are seeing thousands of customers stopping direct debits for ...