What's been happening in the payments market in the UK?
Based on the Payment Council Quarterly Statistics for Q2 2014, we can sum it up as follows:
Cheque and cash transactions are on the decline, while electronic payments are on the up. So, we may need to re-think how we do business with our customers and suppliers.
Implementing an electronic payment solution makes a whole lot of sense.
Take direct debits for example. By offering a direct debit payment option to your clients, your business will benefit in the following ways:
- regular and prompt payments
- improvements in cash flow
- reduction in administration time/costs.
If you would like to discuss your Direct Debit software options (and SEPA Compliance), click below to arrange a consultation with one of our Direct Debit team. We specialise in Direct Debit software for Sage 50 and Sage 200 (easydd).