Bacs going from strength to strength in 2014

Quick ahead to today, and also they’re now processing 6. 3 million deals on peak days. What does Bacs provide?Bacs processes various types of electronic settlements – the two most preferred types being Straight Debits and also Direct Credit Histories. Bacs Straight Debits allow you to automate your repayment collection, whether you are a small company or international firm. Bacs Direct Credit scores are the repayment technique for over 90% of employees in the UK. Say goodbye to threat of delayed cheques so suppliers as well as team no longer need to wait for repayments – ‘the cheque’s in the message’ reason has actually had its day! 2. Reduced bank costs – making use of Bacs can decrease your fees by as much as 80% contrasted to cash money or cheque payments3. Allows automation of routine settlements for goods as well as services4. Affordable method to supply digital payments5. Direct Debits remain to grow, even with the brand-new repayment choices currently readily available, and also Bacs Direct Credit is still the settlement method of choice for companies, pension service providers as well as for benefit payments. “AccessPay is a Bacs authorized software provider as well as with us, automating your routine debits and payment could not be quicker or easier. You can access all the abilities of Bacs from one simple control panel.