Simplest way to collect money

It is a convenient and efficient collection method for businesses/ billing organizations that enables automated collection of recurring payments directly from customer’s bank account at multiple banks with a single authorization.

Advantages of DirectDebit

  • Efficient

    Businesses can collect payments from customers efficiently by debiting customers’ bank account on recurring basis

  • Control

    Businesses may determine when and how much to debit their customers once direct debit mandate is obtained from customers

  • Cost-effective

    Direct Debit is more cost-effective for businesses compared to some other auto-debit payments

  • Ease of reconciliation

    Provides payment reference information to facilitate reconciliation

  • Secure

    Build with secure payment infrastructure

  • Wide reach

    Businesses can collect payments from customers at 22 Participating Banks