Feb 20, 2020
Direct Debit is one of the most efficient ways to collect funds from your customers, with multiple benefits for both your organisation and customer alike. Yet collecting payments by Direct Debit entails an amount of administration, and you need your…
Dec 16, 2019
One of the many benefits of Direct Debit is that payment failure tends to be lower than credit cards. In fact for SmartDebit customers, failed payments typically sit below 0.5%, whereas credit card decline rates can be as high as…
Sep 16, 2019
Direct Debit is commonly associated with regular, fixed payments, making them super easy to manage by removing the hassle of making repeat individual payments to the same organisation. You likely already use Direct Debit to pay your rent or bills,…
Digital technologies are driving vast efficiency gains for numerous industries, reducing labour, slashing costs and avoiding human error. Yet there are times when old-fashioned methods work best. Here’s a look at the pros and cons of paper Direct Debit mandates…
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