March 2019 - DFC: Revenue Management Solutions Provider and DD Collection

Direct Debit collections for nurseries – the ultimate guide

Last year, UK small business faced a whopping annual bill of £6.7 billion because of late payments. But it was nurseries who particularly felt the pinch. Then and now, an unprecedented number of nurseries are being forced to shut their doors, faced with unsustainable cashflow insecurities. The challenge? Difficulties in getting parents to cough up […]

March 2019 - DFC: Revenue Management Solutions Provider and DD Collection

What is Direct Debit reversal?

A Direct Debit reversal takes place when a customer disputes a payment and the money is returned back into their account. Unlike an ‘insufficient funds’ or ‘account closed’ bounceback, a Direct Debit reversal can only take place after a transaction has already occurred. The Direct Debit Guarantee The Direct Debit guarantee is a set of […]