Returned Direct Debits can be frustrating and costly to small businesses. Find out why they happen, and how to prevent them from impacting your bottom line. Collecting customer payments via Direct ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This will place a temporary block on a company debiting any funds from ...

According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

A direct debit is an authorisation granted by the customer for a bank to draw payments from their account on regular due dates. The Central Bank of Nigeria (CBN) instructed banks in December 2019 to ...

Shoppers and merchants in Germany found themselves dealing with billions of euros in frozen transactions this week, thanks to an apparent failure in PayPal's fraud-detection systems.… According to the ...

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it is now introducing GBP and EUR direct debits. Through the new feature, users may now set up Direct Debits to pay bills and ...

Households with water meters should check their bills as many firms are upping direct debits due to higher use during lockdown. And with usage over the next year likely to drop for many as ...

It feels remarkable that this is not already a standard thing in the USA. We've had this for decades in the UK, after all. It was one Alastair Hanton, a British banker and maths graduate, who first ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Through GoCardless Embed, a white-label integration, Airwallex now ...