Households in the UK are being hit by a triple whammy of high inflation, rising interest rates and soaring energy costs. As a result, banks are seeing thousands of customers stopping direct debits for ...

UK-based fintech company payabl. has launched SEPA Direct Debit capabilities within its payment services for businesses. This will facilitate the automatic collection of recurring euro payments for ...

Fintech SumUp says it has launched direct debits for UK merchants. According to a company statement the service is now available for merchants that have a Business Account with SumUp. The SumIUp ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Collecting customer payments via Direct Debit can be efficient and secure ...

I went to see the new Star Wars film recently. At the time, I had Open Banking on my mind. I was thinking about its effects on Direct Debit, as the two could easily seem to conflict in a galactic, ...

LONDON, Feb 15 (Reuters) - The share of failed direct debit bill payments in Britain rose last month to its highest since at least January 2019 when data collection began, figures from the Office for ...

Communicate Telecoms, a UK-based provider of business communication solutions, deepened its collaboration with payment platform GoCardless.