Payment processes have been transforming from time to time and are just getting upgraded on a regular basis. But most of the methods introduced either have lot of formalities or have high processing fees, both of them having their own negative aspects. Some organisations might have enough resources to be invested but do not have sufficient back up to be qualified for the instrument, and the other organisations that have sufficient back up required for qualifications cannot afford a delay in movement of cash. Keeping all these aspects into consideration, Smart Debit came up with an innovative method called as Direct Debit. Every method has its own advantages and disadvantages, but in Direct Debit the advantages surely surpasses its disadvantages giving the best services to their customers.
Smart Debit Processing Cost
The processing cost of Direct Debit offered by Smart Debit is extremely low and the users would never face any inconvenience, and even if they do executives are always willingly ready to assist you. Besides being advantageous in collection of payments, Direct Debit is also preferred by customers these days. The concerns regarding making payments through secure means are always there because of the frauds that have been increasing these days. Through Direct Debit payments can be directly made into the account of the organisation without the involvement of any insecure means. It is very easy to sign up for customers because they just need to create a login id on your website and enter into a contract that would have complete details regarding the date of payment, amount of payment (recurring or regular), etc. This is also an eco-friendly method because of the elimination in usage of paper completely.
Smart Debit for Recurring Transactions
Smart Debit is highly recommended for people who have transactions on a regular and recurring basis. Once authorised, without bothering the payer and receiver the service provider would accomplish their task of sending and receiving payments providing notifications to both the parties. The SUN would appear on the passbook of the payer so that the payer can know where the cash is being transferred from their account.
Smart Debit Costs Less
Processing through Smart Debit for Direct Debit is much simpler and less expensive than other methods. You will notice drastic improvement in cash flow and also get complete details as well as summary for the transactions that take place. There is a reduction in the payment cycle, and because the cost of transaction is low you will notice a lot of difference in your monthly expenses as well.
Collecting Payments Just Got Easier with Smart Debit