2018

Direct Debit is an automated payment method that allows merchants to pull payment directly from their customers’ bank accounts. The system has two key features, from which almost everything else follows: 1. Direct Debit is pull based – once given…

GoCardless talked to a handful of practice owners and advisors to discover their top tips for financial success in 2018 – and, if they could go back in time, what words of advice they would give to their younger selves.Request Free!

What is Direct Debit? Direct Debit in the UK was devised by a Unilever executive in the 1960s, as an automated way to collect recurring payments from ice cream vendors, without having to ask permission each time. Today around 75% of all recurrin…

The problem of late payment The average professional service firm is owed £54k in outstanding payments, according to new research by data specialists Dun & Bradstreet. 58% of UK SMEs believe late payments are putting their business at risk…

Direct Debit is the simplest, safest and most convenient way to make regular or recurring payments; that’s why it’s used for things like council tax and utility bills. 80% of Brits have at least one Direct Debit and the average consumer …

What is BECS Direct Debit? BECS Direct Debit is an automated payment method allowing merchants to take payment from customer bank accounts in Australia. The Direct Debit system in Australia has two core features, around which most of the system …

The timesheet, first developed by law firms in the 1950s, allowed accountants to keep a track of what to charge for their services. But, pricing models based on time sheets and billable time are fast disappearing. Cloud technology is partly responsi…

The Single Euro Payments Area (SEPA) is an EU initiative to harmonise payments across the Eurozone. The Single Euro Payments Area (SEPA) is a European Union (EU) initiative to harmonise payments across the Eurozone. Its goal is to make European paym…