Since its inception, more than 100 billion transactions have been debited or credited to British bank accounts via Bacs and, in 2014, 5.8 billion UK payments were made this way. A new record was also set in February 2015, with 99.3 million transactions processed in a single day, while the value of transactions processed reached £52.3 billion on one day alone in April, another record.
Over 18000 organisations across all industry sectors collect their billings by Direct Debit and it accounts for over 60% of all electronic payments. With 80% of the population already using Direct Debit, are you geared up to receive payments this way?
Through efficient use of Direct Debit your business can reduce the failure rate of uncollected bills, resulting in significant cost-savings. Other savings include the elimination of time consuming tasks such as handling mail, checking and banking cheques. It saves on postage, stationery and phone calls which may be incurred in chasing late payments.
Harlands Group is a well-established BACS Approved Bureau currently collecting Direct Debit Payments across a wide range of Industries with a range of products to suit any business requirement.
BACS require all companies accredited to become a Bureau provider to pass the most stringent and rigorous tests. You therefore have peace of mind when allowing Harlands Group to collect on your behalf and can also feel comfortable that we will provide you with a reliable and trusted service, bringing a host of benefits:
Harlands Group aims to take the stress out of the Direct Debit collection and administration process and pay your money into your bank reliably and efficiently. We offer a range of services adaptable to your needs.