The Direct Debit Advance Notice is one of the Cornerstones of the Direct Debit Scheme and a key aspect of payer protection. Is your organisation compliant with the rules? Read more
Read MoreDirect Debit News and Blog
Useful Direct Debit Articles, Industry News, Bacs Scheme updates and helpful tips.
Payment Services Website & Bacs Payment Schemes
The Payment Services Website is a useful resource for organisations using Bacs payment schemes. It allows contacts to view Bacs Submissions, access Bacs Reports and maintain contact details. Read more.
Read MoreHow long does a Direct Debit take? Understanding the Bacs 3-Day Cycle
In order to collect Direct Debits on the date intended it is vital to understand the Bacs 3-Day cycle and the timelines involved.
Read MoreTop Tips: Planning Bacs Submissions over Christmas
Get Ahead! Top Tips for planning your Bacs Submissions over Christmas to ensure successful, smooth and error-free Bacs processing.
Read MoreRefer to Payer & other common Direct Debit ARUDD failures
If Direct Debit collections fail, Bacs will tell you why via the ARUDD report. Reason Code 0 – Refer to Payer – is most common. Read more about what it means.
Read MoreDirect Credit vs Faster Payments for Supplier Payments
Both Bacs Direct Credit and Faster Payments offer advantages when making Supplier Payments so which should you use?
Read MoreDirect Debit Telephone Sign-Up – yes or no?
In an era dominated by online convenience, offering direct debit sign-up over the telephone remains a relevant and valuable option for businesses. Read why
Read MoreThe Convenience of Direct Debit vs Standing Orders
Direct Debit vs Standing Orders. The greater convenience, flexibility and control of Direct Debits for collecting organisations.
Read MoreBacs and the New Payments Architecture
A high-level summary of developments with Bacs and the New Payments Architecture (NPA)
Read MoreWhat is Modulus Checking?
Modulus Checking your Payers bank details will help improve data accuracy, reduce errors, remove possible delays in setting up Direct Debits and improve successful collection rates. Read more.
Read MoreLeveraging Direct Debit for Membership Retention
Retaining members can be challenging. Offering Direct Debit for payment renewal, can help improve member retention.
Read MoreCurrent Account Switching and ADDACs Reports
Pay.UK predict an increase in current account switching – and ADDACS reports will increase as a result. Are you ready? Read more.
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