Direct Debit solutions
We provide Direct Debit solutions so you can collect payments from your uk clients. We can setup direct debit payments for you - contact us for a free estimate.
A Direct Debit is an instruction from a person to their bank or building society that authorises Eazipay or another organisation to collect money from their account.
The first time you add a new payer:
- You send Eazipay the information of your new payer.
- Eazipay gives the bank five days notice that there is a new Direct Debit
- On day ten Eazipay debits the payer’s account and moves the money into a client holding account.
- Cleared funds are transferred to your account on day twelve.
Once your client is on the Eazipay system, the payments go thought automatically in the frequency you specify – monthly or as infrequently as annually.
Direct Debit is a trustworthy solution because of the Direct Debit Guarantee:
- If you increase or decrease your charges, Eazipay will inform your customers 5 days in advance. The increase is implemented automatically
- If an error is made the Banks and Building Societies will refund the money immediately to their account holders
- A Direct Debit can be cancelled in writing at any time by either party
The Direct Debit Guarantee is supported by all banks and building societies that offer Direct Debit services.
