July 2017 - DFC: Revenue Management Solutions Provider and DD Collection

Is my business eligible for a Bacs Service User Number?

A Service User Number (SUN), also known as an originator ID, is a unique identification number. It is used by Bacs as a distinguisher between organisations that collect Direct Debit payments. Your SUN is a six numbers long and can be found on all forms of communication as a way of maintaining transactional records. This […]

July 2017 - DFC: Revenue Management Solutions Provider and DD Collection

Direct Debit myths debunked

UK payment statistics released by Bacs in February showed that Direct Debits grew by a whopping 5% over 2016. This makes Direct Debit one of the most trusted and fastest growing payment solutions in the UK. But despite this, misconceptions still remain about this method of payment. As such, we’ve highlighted some of the most […]

July 2017 - DFC: Revenue Management Solutions Provider and DD Collection

Direct Debit in an age of instant gratification

Remember the days you had to actually wait for things? Dial-up – there’s a fun example. Sometimes you’d have to wait weeks to get your new dining table or even months to pick up your new car. In many ways, we can be thankful that those days are long gone. Today’s suppliers support consumers to […]

July 2017 - DFC: Revenue Management Solutions Provider and DD Collection

We do more billing

Compared with other payment methods, Direct Debit comes out near the top in terms of versatility. Once signed up, an individual can be charged based on their usage rather than fixed payments. Whilst this is a brilliant tool for organisations with sporadic customer spending, the administration of this can be arduous leading many to offer […]