Envisage Cloud Blog

Electronic Payments - UK Market

Posted by Sinead Hayes on Dec 3, 2014 10:00:00 AM

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:

easy_dd_direct_debit_software

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).

 

 Click to get in touch

 

 

Topics: E-Payments, easyDD-UK