Facts about the Importance of Direct Debit Service

LONDON - July 1, 2013 - PRLog -- These days there is almost none who does not know Direct Debit Service. It’s would not be surprising to know that in the United Kingdom alone, 70 percent adults visit Direct Debit Service (http://www.accesspay.com/directdebit.html) every day.

The scenario is not much different in other developed and developing countries where this the most preferred mode of monetary transactions. But it must be remembered that this kind of service has actually different types of layers. The older version is through paper work transaction. But in this 21^st century, it is internet based computer networking that has made this a very easy and most opted method of monetary transaction.

Three Basic Features of Direct Debit Service

·         The reason why most people go with Direct Debit Software based services is because the transaction takes place on time and the payee can withdraw money very easily.

·         There are three basic criteria that this kind of software based direct debit services offer- the account name, the account number and the router number. Using this three the bank sets up a very easy mode of transaction.

·         This kind of service is much secured especially when it comes to large scale business transaction which involves a lot of money. It has an internal firewall system that asks for codes and passwords to the payer so that the individual/ company can transfer money to the payee’s account quite easily.

The Benefits of Direct Debit Service

·         This kind of monetary transaction prevents complexity of the transaction operations. Earlier this kind of transaction required a lot of paper work like filling up of direct debit application forms and giving letter for bank approval for this service. With this software, monetary transactions are just a click away.

·         This is a cost effective method of monetary transaction as the payer does not have to turn to the bank every time. On the other hand, the inclusion of cheques for payments also is obliterated.

·         The method is a very flexible one since it is based on online transaction. Firstly, the payer has control on the date the payment would be received. Secondly, the option of collecting different amounts on both regular and irregular dates is available. Thirdly, if there is any non-payment issue, it would be immediately informed to the payer by email notification or phone alerts.

I always prefer Direct Debit Service for all my monetary transactions because the Direct Debit Software ensures that the transaction occurs on time and under safe supervision. The software is so beneficial that the entire system of Direct Debit Service has been revolutionized and helped immensely in the growth of small-scale to big shots in business transaction.

For More Information Please Contact Us:

AccessPay

CEC Winchester - Crawford Place,
259-269 Old Marylebone Rd,
London, United Kingdom
NW15RA
Email: info@accesspay.com
Phone: +44 (0) 203 282 7152