BACS

Why every organisation taking Direct Debit payments should pay attention…

Direct Debits transformed the way companies took recurrent payments from their customers, making life simpler for all involved. As a payment method, it has efficiency at its...

Blog - Apr 2017
How payments are changing, including the revised Bacs Direct Debit…

How people make payments is evolving. From signatures to chip and pin, from contactless to biometrics and today, payments made by...

Blog - Apr 2017
Bacs strengthens Paperless Direct Debit verification requirements

In December 2014 Bacs issued the latest version of rules for the UK Direct Debit scheme. This update has re-iterated the requirements for originators to verify both the identity and bank account data...

Blog - Jan 2015
3 things to be learned from the UK as Faster…

In the UK the Faster Payments system has been up and running for 6 years. We’ve become used to sending and receiving money, if not quite in real-time then much faster than previously; in an...

Blog - Nov 2014