Paperless Direct Debits were introduced in 1998 to remove the paper instruction from the sign-up process enabling improved sales and payment processes for many businesses.
Paperless Direct Debit enables service users to capture payers’ bank details over the telephone, on-line or any other means approved by your sponsor bank and can be used alongside the traditional paper based signup.
The Paperless Direct Debit process is:
Due to the additional liability and risk associated with it, Paperless Direct Debit isn’t appropriate for all types of business and client bases. Paperless Direct Debit cannot be used if:
The Paperless Direct Debit process will require you to make changes to your procedures and systems but will be well worth the effort.
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