Get paid while you sleep with Direct Debit. The UK's most popular and trusted method of paying bills, with 80% of households having at least one Direct Debit in place.
The easiest, most convenient and secure way of collecting payments.
Financial management and cash flow sit near the top of all businesses day-to-day objectives and Direct Debits are a proven payment method that helps organisations to maintain a stable cash position. However, some small businesses can struggle to get bank sponsorship onto the Bacs Direct Debit scheme, making it difficult for them to take control of their payments.
Bottomline can provide direct sponsorship into the Bacs Scheme without relying on bank sponsorship. You will receive your own Service User Number (SUN), and your company name and logo will appear on all customer documentation and bank statements, ensuring a consistent brand experience.
We can manage the entire collection process, from payer registration to reconciliation to collect one-off and recurring payments, on time, every time. In this factsheet, you will learn the advantages and features of using our service:
Better visibility and control over your cash flow
Improved operation efficiency
Flexibility to set payment plans, frequency and a choice of dates
Paperless Direct Debits
Simply download the Direct Debit Collection Service fact sheet to learn how we can collect and manage Direct Debits to help streamline your small business.
Download our industry best practice to learn how PTX can help.
The 2019 Business Payments Barometer analyses the latest trends and most burning payment initiatives set to impact organisations of all sizes. Now in its fourth year this annual index surveys over 400 financial decision makers across Great Britain.
Not experienced in the financial technology industry, Emma James initially went to her bank for guidance to help her with the process required to set up a successful Direct Debits system for James Corporate Health. However, felt that she was not getting the service she desired.
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