Payment Processing Blog

Small to Medium sized businesses often suffer from cash-flow problems due to late cheque payments or unpaid Standing Orders that can go unnoticed for weeks. A new self-managed Direct Debit solution called EazyDD has been launched by Eazy Collect Services Limited to provide the ability to collect payments by Direct Debit, a scheme that is normally financially prohibitive for companies of this size.

Suitable for single person companies to Corporate organisations wishing to outsource, the Direct Debit scheme can make payment collection simple and timely where a company’s products or services are billed on a regular basis. A simple online interface or in-house office system allows companies to add Customers, amend payment terms, schedules and provides instant reporting. There are no costly accreditation costs and no software to install, allowing companies to offer Direct Debit as a payment option immediately.

Gardner Alarms director Colin Gardner MBE said “going through a long-winded direct debit approval process is only the first step to operating a direct debit scheme. Once future operational costs, staff training, software fees and ongoing management were factored into the financial equation, fully outsourcing this area to Eazy Collect Services was the most logical decision”.

For further information on the benefits of using Direct Debit, please contact Eazy Collect Services Limited on 01242 269790 or visit www.eazycollect.co.uk