Why Direct Debit

Direct Debit Statistics:-

· 75% of UK Adults now have at least one Direct Debit commitment

· Adults in the UK have, on average five Direct Debit arrangements

· 79% are positively disposed towards DD

· There are 3.1 billion DD transactions per year

· The Direct Debit Scheme has been running for 40 years

· Direct Debit is the preferred payment method for over 50% of the UK bill paying population

Benefits to Service Users :-

· Cheaper than Cheques, Safer than Cash

· You Control the date of receipt into your account

· You get cleared funds on a known date

· DDs can be variable amounts, variable dates

· Can eliminate time consuming reconciliation

· Can improve conversion of enquiries into sales

Benefits to customers :-

· Flexibility allows payment plans – better budgeting

· Peace of mind – never miss a payment

· Convenient and saves time

· Maybe incentives to pay by DD

· Direct Debits are portable

Why Direct Debit?

Call 0845 658 6488