Direct Debit would be particularly suited to your business if your collections are made monthly, quarterly or at fixed periods and from regular customers.
Quick and secure payment
Using Direct Debit allows the amount of the invoice to be claimed directly from your customer's account into your own business account. Both the customer and your business benefit from quick, secure payments. In addition, you can significantly reduce the administration connected with manual collections and incoming payments.
Better cash management
With an immediate overview of incoming and outstanding payments, your reminder procedures can be streamlined. And as you decide the payment date, subject to agreement with your customer, you also have a better overview of your cash position.
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