Fintech SumUp says it has launched direct debits for UK merchants. According to a company statement the service is now available for merchants that have a Business Account with SumUp. The SumIUp ...

I am the treasurer of a village charity. We have a Lloyds Bank account and last year I found a direct debit had been set up ...

UK-based Fintech TransferWise recently allowed users to set up direct debits in Australian dollars (AUD), in order to settle bills and pay for subscriptions across Australia – which can now be done ...

UK-based fintech company payabl. has launched SEPA Direct Debit capabilities within its payment services for businesses. This will facilitate the automatic collection of recurring euro payments for ...

Fintech startup Revolut is adding a key feature for users who want to replace their traditional bank account altogether. You can now pay with GBP direct debits. Revolut already added EUR direct debits ...

With the deadline for Europe’s implementation of Verification of Payee fast approaching, David Crawford explains how ...

It feels remarkable that this is not already a standard thing in the USA. We've had this for decades in the UK, after all. It was one Alastair Hanton, a British banker and maths graduate, who first ...

I went to see the new Star Wars film recently. At the time, I had Open Banking on my mind. I was thinking about its effects on Direct Debit, as the two could easily seem to conflict in a galactic, ...

LONDON, Feb 15 (Reuters) - The share of failed direct debit bill payments in Britain rose last month to its highest since at least January 2019 when data collection began, figures from the Office for ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The offices were unveiled in the company's first-quarter review, which ...