Considering moving to a direct Bacs solution but unsure what’s involved?

It has been widely adopted to pay benefits, wages and salaries, as well as supplier payments. On top of this, 9 out of 10 British adults have at least one Direct Debit commitment and 73% of household bills are paid this way.

A Direct Bacs solution is the most efficient way of connecting to the Bacs network and offers a wealth of advantages for your business. Our handy Bacs 2 Basics guide breaks the process down into 6 easy steps to help you get started and reap the benefits of processing your payments and collections using Bacstel-IP.

Why it matters?

There are more than 150,000 organisations in the UK using Bacs Direct Credit.
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Effective Payment Processing – Internet Banking vs Direct Bacs Solution

What is the best way to make supplier payments? For many organisations already using Internet banking to check balances and access statements, it can often seem logical to also utilise it for payments. But is this the best option?

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PTX Remit - Efficiently create, print and email remittance advices alongside payments

Reconcile payments effortlessly with PTX Remit, part of the PTX Payments platform from Bottomline Technologies - developed for organisations that want to create and email advices in full alignment with their Bacs or Faster Payments.

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