Eazipay receives prestigious BACS Affiliate status | Eazipay Direct Debit News
 

 

Eazipay receives prestigious BACS Affiliate status

February 16, 2011 

Eazipay Ltd, a leading Direct Debit processing company, based in Cambridgeshire, has just been awarded Affiliate' status from Bacs, the governing body for Direct Debit processing in the payments industry.

As a Bacs Affiliate, Eazipay will now have a say in the future of electronic payment processing in the UK as well as being able to attend meetings of the Affiliates Interest Group (AIG) to discuss a wide range of industry topics and receive briefings on, and have an opportunity to influence and analyse, the impact of any forthcoming regulatory changes for the benefit of its clients and customers.

Eazipay now joins an exclusive group of 38 other Bacs Affiliates, which includes representatives from some of the UKs leading businesses, banks and building societies, as well as government organisations and a variety of banking technology providers.

Commenting, Luisa Grey, Eazipays Director, said: Were delighted to have achieved Bacs Affiliate status. As a member of the Affiliate group we can now give our input into topical debates on themes including regulatory change and developments to payment processing schemes.

It also gives us the chance to brief Bacs and other Affiliates on pertinent industry issues and will become an excellent outlet for networking and forging deeper relationships across the industry.

Eazipay Ltd, which has become one of the fastest growing Direct Debit bureaus in the country, has already been accredited as a Bacs Approved Bureau.

To gain this status the companys Direct Debit collection services were rigorously inspected and demonstrates that its operational processes and knowledge and expertise not only meet, but exceed, exacting industry standards.

 

Despite increasingly difficult market conditions the company has seen its turnover increase in the last two years and is currently providing regular Direct Debit services to over 650 companies in a wide range of market sectors throughout the UK, Europe and beyond.

In January 2011, Eazipay recorded its best ever month for Direct Debit collections when a record £8.9 million worth of Direct Debits were processed on behalf of its clients during the month.

 

NOTES TO EDITORS

 

About Eazipay Ltd

Established in 2002 by local entrepreneurs Kathy and Ron Bradney, and their colleague, Luisa Grey, Eazipay Ltd has become one of the UKs fastest growing Direct Debit processing companies.

  • Eazipay now provides regular Direct Debit services to over 650 companies in a wide range of market sectors throughout the UK, Europe and beyond.
  • In March 2011, Eazipay recorded its best ever month for Direct Debit collections when £9.8 million worth of Direct Debits were processed on behalf of its clients.
  • Eazipay was recently awarded Affiliate status from Bacs, the governing body for Direct Debit processing in the UK payments industry. The company is now a member of an exclusive group of 38 other Bacs Affiliates, which includes representatives from some of the UKs leading businesses, banks and building societies, as well as government organisations and banking technology providers.

 

 

For further press information, please contact:

Damion Clark at Real PR (Consultants) LLP.

Tel: 01223 492130 or 07789 911314

Email: damion@realpublicrelations.com

Eazipay Limited are authorised and regulated by the Financial Conduct Authority, number 615816 under the Payment Services Regulations 2009 for the provision of payment services. www.fca.org.uk
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk

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