With the New Year a little more than half way through, one local company is already celebrating the fact that 2017 is likely to be the most successful in its decade and a half history.
Eazipay Ltd, based in Ely, Cambridgeshire, has been at the forefront of collecting and processing automated payments like Direct Debit for over 15 years. While the company has seen year-on-year growth over that period, 2017 is shaping up to be a bumper year as the company announces the appointment of five new members of staff to help it meet the demand for its automated payment processing services.
Eazipay Ltd, one of the UK’s leading automated payment processing companies, is celebrating an unprecedented start to 2017 with record breaking business performance levels.
A staggering £173.1 million worth of Direct Debits have been processed on behalf of its clients during the first four months of 2017, signalling the company’s best ever opening period in its 15 year history.
The results of a comprehensive public consultation into Direct Debit will be a key theme at the Emerging Payments Association’s (EPA) Pay 360 Digital Payments Annual Conference today (24 May), following its publication by lead sponsor Bacs Payment Schemes Limited (Bacs).
The consultation on Direct Debit – which is used to pay 73 per cent of household bills – was carried out in late 2016 and included a call for public responses, market research, as well as in-depth interviews with stakeholders.
Luisa Grey, a director at Eazipay Ltd, one of the UK’s largest Direct Debit processing companies, knows a thing or two about managing cash flow. Here she highlights what the most recent reports tell us about managing cash flow and how you can avoid the traps.
A raft of new reports on SMEs and cash flow last month has underlined the unnecessary time and money being spent on managing company cash flow.
Businesses must plan ahead to avoid missing or delaying essential payments to staff and suppliers over the Easter Bank Holiday weekend, says Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit and Bacs Direct Credit.
With Good Friday (14th April) and Easter Monday (17th April) classed as public holidays and therefore non-processing days, payments must be scheduled to take that into account.
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