Fully Managed Service
We will manage all of the Direct Debit processes for you, from setting you up
with your own custom built sign-up page through to crediting funds collected
directly into your bank account
Do you have your own Service User Number (SUN)? If the
answer is no then please read on…
Through our Facilities Management Service we can help you
get your own SUN . Once your SUN is set up you can take
advantage of our Fully Managed Solution. You will automatically
have access to our Direct Debit Management Service that allows
you to access your customer data. We’ll take care of all
the admin involved in processing your Direct Debits; We help you every step of
the way.
From setting you up with your own custom built sign up page through to
crediting funds collected directly to your bank account.
There are a number of exciting features with our service.
• Your own Service User Number and branded Direct Debit Mandate.
• All the benefits associated with cutting edge software and fully
trained staff, but without the expense!
• Full access to our comprehensive reports module where you can monitor
Collections, Unpaid direct debits, Amendments and Cancellations.
• The flexibility which allows you to vary the way you charge for your
products or services.
• Increased accuracy of collection that ensures payments are received
in time
Direct Debit Management Service
Lateral Payments Solutions secure Direct Debit Management Service (DDMS)
allows you to access direct debit data to amend or update your customers and
payers details. Having that control helps you to manage your business more
effectively. You’ll have access to:
• Live Direct Debit paying customers
• Unpaid Direct Debit paying customers
• Frozen Direct Debits
• New Direct Debits processed
• Immediate notification of customers that have cancelled their
instruction directly with their bank.
• Customer payment records.
Facilities’ Management Service
It’s true that many banks offer Direct Debit Services. But unfortunately
for smaller businesses, they are judged on strict criteria such as length of
trading time and turnover and therefore some banks are reluctant to set up
this service.
Lateral Payments Solutions have long standing relationships with leading
UK Banks, they are our Sponsor Banks and work with us to get
businesses set up to take Direct Debit Collections.