Direct debit is a process whereby payments may
be taken directly from a bank account or credit card after
authorisation from the account/card holder. Funds are
withdrawn on an agreed schedule providing your business with a much more secure and
predictable cash flow as it is under your control.
Benefit from a significant reduction in
your collection costs as you no longer have to contact clients to request
payment. Overdue amounts may still occur due to failed payments but
these are automatically re-debited.
Increase your sales by providing a more flexible and affordable payment option
Improve your customer retention by using ongoing debit schedules and eliminate the need to renew sales and service contracts.