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 ...

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 ...

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 ...

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 ...

Businesses risk losing money and customers due to mistakes made when they are setting up direct debit and credit payments. About six billion automated payments worth £4.3tn are made in the UK per year ...

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 ...

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, ...

GoCardless, a Y-Combinator alum that has created a simple way for online businesses to set up and accept direct debit payments (that is, money that comes straight out of your bank account), is today ...

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 ...

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 ...