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Direct Debit News

Direct Debit News

Variable Recurring Payments – A Direct Debit Alternative? Variable Recurring Payments (VRPs) a...

Ensuring AUDDIS and Paperless Direct Debit Compliance

Ensuring AUDDIS and Paperless Direct Debit Compliance

What is AUDDIS and Paperless Direct Debit? AUDDIS is the acronym for Automated Direct Debit Instruct...

The Direct Debit Guarantee: All you need to know

The Direct Debit Guarantee: All you need to know

Since the 1960s, Direct Debit has been a widely used and trusted payment and collection method, owin...

Direct Debit Law and Compliance: Everything you need to know

Direct Debit Law and Compliance: Everything you need to know

Understanding the legal framework governing Direct Debits is crucial for ensuring fair and secure tr...

In-House Direct debits: A game changer for cost savings and streamlined options

In-House Direct debits: A game changer for cost savings and streamlined options

The emergence of off-the-shelf Direct Debit solution providers in the early 2010s saw many organisat...

Handling bank nuances and the critical role of structured addresses

Handling bank nuances and the critical role of structured addresses

We are rapidly approaching the mandatory implementation of structured addresses within ISO 20022 sta...

How to obtain a Service User Number (SUN) for Direct Debit Collections

How to obtain a Service User Number (SUN) for Direct Debit Collections

To manage Direct Debit payments, a business needs a BACS Service User Number (SUN), which is a uniqu...

Purpose of Payment Codes and Legal Entity Identifiers explained

Purpose of Payment Codes and Legal Entity Identifiers explained

The introduction of purpose of payment codes (POPs) and legal entity identifiers (LEIs) in ISO 20022...

Building an agile strategy for future changes

Building an agile strategy for future changes

ISO 20022 requires organisations to incorporate several new data points into payment messages. The t...

How to overcome the critical migration challenges of ISO 20022

How to overcome the critical migration challenges of ISO 20022

At AccessPay, we witness firsthand the common challenges organisations encounter when migrating to t...

Revolutionising European Payments: The Rise of SEPA Instant

Revolutionising European Payments: The Rise of SEPA Instant

Revolutionising European Payments: The Rise of SEPA Instant The adoption of the EU’s Instant Payme...

The motivation behind ISO 20022 

The motivation behind ISO 20022 

To your average individual, sending a payment is considered a simple thing to do, but behind the sce...