AccessPay

The AccessPay Direct Debit Solution - a ‘Golden Egg’ for UK businesses from AccessPay

Direct Debits are a great payment solution for businesses looking to reduce late payments and increase their cash flow.

But not all Direct Debit Management Solutions are created equally. So when you’re deciding on the best Direct Debit Solutions for your business, here are a few features that you need to be on the look-out for:

Cloud Technology – Cloud computing offers a range of benefits including ‘anywhere, everywhere’ access, no CAPEX and no messy installation or on-going maintenance.

Bank-Grade Security – Your customers are relying on you to keep their financial and personal information safe. When you’re researching your payment provider’s security credentials, bank-grade security and FCA approval are a must.

Seamless Integration – Your payment provider should have a bank and file agnostic solution that integrates seamlessly with any file type or bank.

Powerful Reporting and Dash-boarding – Modern reporting is all aboutgraphic rich, automated reports and dashboards designed to spot problems and reveal hidden opportunities.

Customers who use Direct Debits know they are covered by The Direct Debit Guarantee in the rare occasions when a mistake is made or something goes wrong.

But what happens when a Direct Debit is setup on your account without your permission? It’s not your Direct Debit, so what can you do?

Let’s look at just how this can happen first of all…

A Direct Debit can be setup when the correct combination of bank account number and sort code is passed to a customer’s bank.

If the bank deems the request legitimate, they allow the Direct Debit to be setup on the account.

These days, most Direct Debits are paperless, and can be authorised without a signature. So problems may occur because the Bacs/Direct Debit system doesn't check to ensure that the name of the person requesting the Direct Debit matches the name of the bank account (it’s left up to the bank to check this information, and not all of them do so). Of course, the merchant themselves can also check the details.

So what happens if a customer finds themselves with an unknown Direct Debits on their account? The best advice is for them to contact the bank as soon as it happens, and keep a written account of all correspondence. There’s not a lot else that they can do, apart from to take this prompt action and hope their bank is ‘switched on’ enough to resolve the situation quickly.

A comparison between Direct Debits and Standing orders from AccessPay

AccessPay Bacs Services from AccessPay

Setup Paperless Direct Debit and Improve your cash flow from AccessPay

Online Setup Direct Debit Management Software from AccessPay

A good Direct Debit solution - improved cash flow and increased productivity from AccessPay

“Go Green” with AccessPay Paperless Payment Solution - 

“Go Green” an initiative by AccessPay to become more environmental friendly by making payment through electronic or paperless billing.  “Go Green” Direct Debit Management Software allows a company as well as customer to align itself with the modern world and its ever-changing environmental needs. This program provides with the option of suppressing paper statement and electing to receive email notifications when the bill is available for viewing. 

Go Green with AccessPay Paperless Direct Debits from AccessPay

A good Direct Debit solution - improved cash flow and increased productivity from AccessPay