Insights and Updates on Payment Solutions
3 July 2023
Payment Fraud Detection: Effective Strategies
In 2022, criminals stole a staggering £1.2 billion through different types of fraud. With the ever-evolving use of the internet, fraudsters are ...
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8 June 2023
Choosing the right Direct Debit payment solutions for small businesses
If you find yourself constantly chasing business payments and suffering from an irregular cash flow, it might be time to consider a new payment ...
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22 May 2023
Enhancing Direct Debit Security with Payment Solutions
Direct Debit payments have become an increasingly popular way for businesses to collect payments from their customers — 4.6 billion Direct Debit ...
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22 May 2023
How To Improve Cash Flow With Bacs Payment Automation
For businesses worldwide, cash is king. Companies that manage their cash well have a clear overview of cost versus revenue and can pay their bills ...
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14 March 2023
Is your business ready to make the switch to Direct Debit collection?
The short and simple answer to this question is: yes. Any business that collects customer payments — no matter the amount or collection regularity — ...
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8 March 2023
What if I don't have a Bacs Service User Number (SUN)?
Bacs payments are a vital part of many businesses' financial operations. However, to receive Bacs transfers, a company must have — or have access to ...
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10 June 2022
What time do bank transfers go through on weekends?
Despite most of the banking and payments industry embracing the digital world we live in, there are still some things that move at a slower, more ...
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22 May 2022
How Bacs looks in 2022
We’re sure everyone is familiar with Bacs and how the system works. It’s become a reliable system for the payments industry with more than 4.5 ...
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17 May 2022
What is remittance advice?
When dealing with invoices, it’s always beneficial to have more clarity over payments for both suppliers and customers.
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29 April 2022
What is Bacs Transfer?
A Bacs payment is one of the most common types of bank transfers in the United Kingdom. There are two main types of Bacs payments - Direct Debit and ...
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19 April 2022
What is a payee?
In financial transactions between two parties, there is always a payee and a payer. A payee is the person who receives the payment from the payer. ...
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5 April 2022
How will Microsoft’s withdrawal of IE11 impact Bacs Payments Services?
Microsoft have announced that they are withdrawing their support for Internet Explorer 11 (IE11) earlier than originally planned, and it may have an ...
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