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Free Webinar: Seamless Direct Debit on-boarding with bank account verification
Thursday 23rd May 2013, 14:00 - 14:30
An estimated 10% of new Direct Debit Instructions fail, costing up to £50 per transaction to rectify. We look at the true impact of entering incorrect details upfront, from compliance, through financial risk to customer experience and back-office efficiency
Bank Account Validation and Verification Reduce costly errors, minimise fraud and remain compliant with our new V-Series solution. If your organisation makes DD collections or payments, then validation and verification of data at point of entry can help mitigate payment failures, saving you up to £50 to rectify each failed transaction.