Open Banking allows users to provide secure access to their payments data to Third Party service providers. Consumers and small to medium sized businesses can benefit from a raft of apps and services from regulated suppliers, designed to give them…
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There is now more choice than ever before about how we can pay for things, transfer money and set up payment plans for services. New payment methods have taken advantage of technology and the ways in which it has affected…
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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…
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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…
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