Eazipay sees growth in Direct Debit business


Direct Debit Bureau sees growth across the whole of its business

December 7, 2010

Direct Debit processing company, Eazipay Ltd, based in Littleport, Cambridgeshire is poised to finish 2010 on a high note having experienced significant business growth in the last two years.

Despite increasingly difficult market conditions, Eazipay, one of the fastest growing Direct Debit bureaus in the country, has seen its turnover increase in the last two years.  In the same period the companys customer base has grown by a massive 72% together with a 48% increase in the volume of Direct Debit transactions processed by the company.

Commenting, Luisa Grey, Eazipay Director said: When times are tough the significance of managing your cash flow is of paramount importance and companies which collect regular payments by Direct Debit can manage their cash flow much more easily than companies that collect payments by other means.

It doesnt matter if you collect dozens of payments each month or just one payment a year, Direct Debit means that business owners know exactly what money is coming in and when.  That knowledge can make the difference between survival and failure.

It isnt just customer activity that has been on the increase, Eazipay's staff numbers have more than doubled in the last two years from nine in 2008 to 20 in 2010 forcing the company to have three major office expansions to accommodate new staff.

The company is a leading BACS approved, Commercial Bureau, with over 20 years experience in the provision of Direct Debiting services. It is currently providing regular Direct Debit services to over 600 companies in a wide range of market sectors throughout the UK, Europe and beyond.

In 2011 it plans to launch a new online software system, which is set to revolutionise the way Direct Debit collections can be processed on behalf of its clients.

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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