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 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 ...

Ofgem has told a number of energy suppliers to take “immediate and urgent action” after finding a range of weaknesses or failings in the way they charge customers direct debits. The regulator found ...

Returned Direct Debits can be frustrating and costly to small businesses. Find out why they happen, and how to prevent them from impacting your bottom line. Collecting customer payments via Direct ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The direct debit feature is immediately available for UK-based merchants ...

Households in the UK are being hit by a triple whammy of high inflation, rising interest rates and soaring energy costs. As a result, banks are seeing thousands of customers stopping direct debits for ...

Cancelling unnecessary direct debits could significantly boost Brits' pension pots, as more people aim to curb needless expenditure to enhance their retirement savings. The average Brit squanders ...

With expenses on the rise, UK households are advised to check their direct debits and "start the cancellation process" ahead of April. Vix Leyton, a consumer expert and Spendology podcast co-host, ...

Cutting out wasted direct debits could boost your retirement pot by £37k, experts have said. The average Brit wastes £39 a month on direct debits they no longer need. Standard Life analysis shows that ...