Direct debit

Revolut enables direct debit payments for the UK

Revolut has announced the launch of GBP Direct Debits, a new feature for its global retail and commercial financial platforms. The feature, which is aimed at all EEA customers with local UK account details, will use Modulr’s direct debit mandate, allowing customers to make all their regular payments by direct debit in GBP. directly from […]

Direct debit

Revolut adds direct debit payment functionality for UK users

Revolut users who want to replace their traditional bank account can pay by direct debit in GBP. The mobile banking start-up said the feature is only available to customers with UK account details (i.e. account number and sort code) for the moment. Revolut has partnered with Modulr for this feature as it has been using […]

Direct debit

Modulr strengthens Revolut’s new direct debit functionality

Challenger Revolut Bank will now allow all European Economic Area (EEA) customers with UK account details to set up direct debits, allowing customers to automate the payment of bills and regular expenses . This last feature offered by Revolut will be powered by Modulator, and will use the direct debit mandate service of the payment […]

Customer payment

Macy’s data breach sees customer payment details stolen

Macy’s revealed that its website suffered a security breach for a week in October, exposing customers’ personal information, including their payment information. As reported by Bleeping Computer, the data breach occurred on macys.com and is known as the Magecart attack. The hackers managed to insert malicious code into the Checkout and My Wallet pages of […]

Direct debit

Why your energy domiciliation can increase, even when you are in credit – Which one? News

When you pay your gas and electric bills through direct debit and know you have credit, it can be confusing when your energy company announces that it is increasing your payments. But in a recent Which? one in five members who pay by direct debit said they credited their energy business. Separately, half of those […]

Customer payment

Macy’s customer payment information stolen in Magecart data breach

Macy’s has announced that it suffered a data breach due to its website being hacked with malicious scripts that steal payment information from customers. This type of compromise is called a MageCart attack and consists of hackers who compromise a website so that they can inject malicious JavaScript scripts into various sections of the website. […]