direct debit bureau Archives - DFC

Best practise for secure Direct Debit collections

The GDPR is now in force! Are you locking your work computers? Have you updated your passwords? And have you reassessed your Direct Debit strategy? Whilst Direct Debit is one of the safest payment methods available in the UK (governed under the rules of the Direct Debit Guarantee), safeguards are a vital facet in any […]

direct debit bureau Archives - DFC

Why do businesses choose Direct Debit?

More and more people are using Direct Debit to make their regular payments to a company. The Direct Debit payment process is time and money saving for customers, but it’s equally convenient for businesses, not least because their customer’s love it. Whether you’re talking your bottom line, customer service or streamlining your processes, Direct Debit […]

direct debit bureau Archives - DFC

Recurring card payments vs Direct Debit – the winner is…

Direct Debit and recurring card payments are amongst the most common methods of making regular payments. Whilst the concept of both is similar, there are slight variables between the two which cause confusion time and time again. So what’s the difference? Direct Debit – by signing up to Direct Debit, you give an organisation the […]

direct debit bureau Archives - DFC

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 […]