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Eazipay raises the bar with record breaking start to 2020

February 7, 2020

RECORD BREAKER web fb

Eazipay Ltd, one of the UK’s leading Direct Debit and automated payment processing companies, is celebrating a major milestone having just seen its Direct Debit processing and collection volumes break the £4billion mark.

In January 2020 alone, over £77 million worth of Direct Debits were processed on behalf of its clients – a mix of SMEs and corporate organisations – taking the company’s total processing volumes to a staggering £4,015,245,336.88 since the figures were first collated in 2008.

The current success follows what was Eazipay’s best ever year for processing volumes and overall performance. At the end of December 2019 over £822 million worth of Direct Debits had been processed, compared to a total of £644 million for 2018 – its previous record-breaking year.

Luisa Grey, Eazipay’s Director, comments, “We’re enjoying a fantastic start to the year in terms of business growth and success. Processing volumes are increasing all the time, new customers are constantly coming on board and with the launch of new payment services and systems’ integrations we’re forging partnerships with more and more businesses nationally and throughout Europe.

“If things continue as they are, we should be celebrating one or two other major milestones later in the year, which will be amazing.”

The dramatic increase in the volume of work compared to previous years is a clear indication that more and more businesses continue to recognise that collecting regular payments by Direct Debit is the single most efficient way of controlling and regularising their cash flow.

“If companies want to avoid late payments and the untold damage that not being paid on-time carries with it, then insisting that your customers pay you by Direct Debit is the simplest, most convenient and crucially, reliable, form of invoice collection”, adds Luisa.

Cambridgeshire-based Eazipay, which currently employs 31 full and part time staff, has been at the forefront of collecting and processing automated payments like Direct Debit for over 17 years.

In addition to its Direct Debit collection service, Eazipay also offers a range of other automated payment processing services including Direct Credit transactions, SEPA Direct Debits for payment collection in Euros, and a card payment service allowing its clients to collect and process customer payments via debit and credit card.

For further press information, please contact:

Damion Clark at Real PR (Consultants) LLP. Tel: 01353 667934 or 07789 911314 Email: damion@realpublicrelations.com

See what people are saying and how we are being rated in Google reviews:

★★★★★

James Simpson
SkinViva Ltd
Wonderful company. They offer a very efficient service with a quick turnaround time between Direct Debits being processed and the funds being transferred to your business...

★★★★★

Karen Steel
A very efficient service, always prompt to reply to emails and queries. Never have any problems with our Direct Debits. When I first started my role as Financial Controller I had never dealt with Direct Debits before and my predecessor had left me with no instructions...

★★★★★

William Bailey
We are an independently owned self storage facility and have worked with Eazipay for the past 5 years. Our account manager Jazzmine M is professional, proactive and deals with all of our requests in a efficient and timely manner. I would recommend Eazipay without hesitation.

★★★★★

Mark Allen
Eazipay have been a fantastic help to our business. Their rates are reasonable and they have always been efficient and proactive. We are in our fifth year of using Eazipay and would gladly recommend them to anyone. They have been invaluable to us.

★★★★★

Paddy Jeyaseelan
Local Guide
Eazipay have been my direct debit collection provider for more than 6 years and have helped my business grow and make the process of direct debit collections straightforward and manageable...

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