Direct debit

My energy direct debit soared by nearly a thousand pounds a MONTH after a missed email…and you could be affected too

A FURIOUS British Gas customer is warning other Britons to take a closer look at their energy bills after his monthly charge soared by nearly £1,000. Andy Hirst says he was paying £350 a month for his gas and electricity bills – but the supplier automatically updated it to £1,320 last month. 1 Andy Hirst […]

Direct debit

Direct debit against standing order – the difference explained

You can set up a direct debit or a standing order to make a regular payment to your current account. These are handy tools to make sure you never forget a payment, like an energy bill or a credit card, and the money will automatically leave your account once they’ve been set up. Here we […]

Direct debit

Currensea – The UK’s first direct debit travel card

Give yourself a free Christmas gift that keeps on giving! Currensea is a simple and free way to spend money abroad. Their direct debit travel card works by connecting to your checking account, eliminating those pesky bank fees when spending abroad, improving security, and better tracking your spending through the app. Banks typically charge a […]

Direct debit

Spread the cost with our Member Direct Debit Plan

We know that the current environment for many fans is difficult, so as promised, prices for renewing members have once again been FROZEN for 2023at the same level as the 2021 season! Also, we saw a lot more fans enjoying our Direct debit plan where you can pay your membership monthly, more than 10 monthsthere […]

Direct debit

British Gas reduced my mum’s energy bill by direct debit from £80 to £800

My mother, who is 85, has osteoarthritis and had hip replacement surgery earlier this year, from which she is still recovering. She lives alone in a two-bedroom flat in a remote part of Devon and recently received a bill from British Gas saying her direct debit payments will be increased from £80 a month to […]

Direct debit

Martin Lewis energy bill warning to anyone paying by direct debit

Consumer rights champion Martin Lewis has issued new warnings to all energy customers across the country, returning to small screens nationwide for a new round of his Money Show Live this week. The financial guru devoted the first part of the program to the current energy crisis facing Britons – following Chancellor Jeremy Hunt’s cut […]

Direct debit

MoneySavingExpert by Martin Lewis warns of loophole in automatic energy withdrawal from prepayment meters

Martin Lewis’ MoneySavingExpert is urging customers to follow an energy payment loophole in order to curve bills. The loophole is for smart meter users who will receive the first £66 as part of the £400 cost of living payment. 1 MSE urges smart meter providers to rethink how they distribute first £66 cost of living […]

Direct debit

Simple and Consistent Direct Debit Payment Methods Variable Payment Plan for Employer PAYE

the project’s objectives This project will offer a variable direct debit payment plan (VPP) to employers PAID customers, using the strategic direct debit service from October 3, 2022. Employers currently do not have the option of paying by VPP. Employers are not required to use direct debit VPPthey can choose to do this by logging […]

Direct debit

BPFI pushes for a coordinated approach to direct debit switching

The Banking and Payments Federation of Ireland (BPFI) and its members have met with a number of regulators and a wide range of levy initiators to discuss a coordinated approach to dealing with customers leaving Bank of Ulster and KBC Bank Ireland. The organization, which represents the retail banking and fintech sector in Ireland, hosted […]

Direct debit

KPMG Belfast exit, Rabobank dividend, BPFI levy warning – The Irish Times

Four managers are leaving Belfast from KPMG convenient to reach Interpath Ireland. This follows a number of Dublin-based managers at KPMG and Deloitte in Dublin who moved to set up Interpath here earlier this year. Reports by Joe Brennan. Dutch lender Rabobank may have exited the Irish retail banking market, but it is still doing […]

Direct debit

Telecoms watchdog sheds light on dodgy debts, declares direct debit issues a ‘systemic problem’

The creation of bad debts, identity theft and problems with payment facilities such as direct debit emerged as the main systemic problems in the telecommunications industry ombud’s annual report, as regulators Financiers again seem to be struggling to curb rogue industry practices. The annual report on phone and internet problems found that overall service complaints […]

Direct debit

Direct Debit System Launches Recurring, Paperless, Bank-Agnostic Payments Platform in UAE

The UAE-based fintech company, Debit System, launched its all-in-one platform, Direct Debit Marketplace, facilitating recurring payments such as tuition and rent. The platform is the UAE’s first paperless direct debit marketplace. Direct Debit Marketplace provides payers and merchants with an easy and convenient all-in-one solution for making recurring payments. In addition to the services already […]

Direct debit

Direct Debit Marketplace is officially launched in the UAE

By Leandra Monteiro September 13, 2022 Digital Loan Digital Wallet Direct Debit Marketplace Direct Debit Marketplace, the UAE’s first paperless direct debit marketplace, has been officially launched. The platform provides payers and merchants with an easy and convenient all-in-one solution for making recurring payments, such as: tuition, insurance, rent, gym memberships and any other subscription […]

Direct debit

ABC activates new PayTo direct debit system, lifting customer control

“We had flawless execution from all of the technology teams,” said Ethan Teas, ABC’s executive general manager of payments. Over the weekend, CBA processed its first PayTo payments for Telstra and The Shepherd Centre. Sensitization It will take several months to educate billers and merchants about conducting transactions through the new system. It won’t gain […]

Direct debit

Direct Debit vs Recurring Card Payments

In the world of recurring payments, subscriptions, monthly bonuses and receipts, there are generally two schools of thought: 1) Direct debit is a proven payment method that is inexpensive and easy to set up. 2) Recurring card payments are expensive and if a customer has their card stolen or lost, it expires or they change […]

Direct debit

Frustration with bank delays when activating a new direct debit system

“As initiators, we deliver the messages. But we need someone to deliver these messages to. This is what the payer, ie the CBA and the other banks, do. Commonwealth Bank is closest to activating the system for customers. A banking industry source said it could happen this month. But the other majors are dragging their […]

Direct debit

How Remita Direct Debit Improves Loan Repayment and Boosts the Economy

By Henri Uche, Lagos With the increase in the loan default rate by borrowers, both individuals and corporations, Remita Direct Debit has come to help lenders recover loans when due. As credit is increasingly recognized as a major driver of successful economies, access to credit stimulates business growth while increasing citizens’ ability to buy, ultimately […]

Direct debit

Should I freeze my energy withdrawals or switch to variable bills?

MILLIONS of households who pay their energy bills by direct debit can choose how their payments are calculated. The Sun spoke to two energy experts about whether it’s better to fix your energy drawdowns throughout the year or pay for your exact usage each month with variable bills. 1 Changing how your direct debit payments […]

Direct debit

Martin Lewis’ energy warning to abandon direct debit

Martin Lewis shares the latest advice on whether to pay your energy bills by direct debit and set your rate. Money-saving expert Martin Lewis has warned energy customers against ditching direct debits ahead of the new energy price cap on October 1. The cap will remain in place until December 31, when energy analysts predict […]

Direct debit

Remita Direct Debit and Its Impact on the Nigerian Economy – TechEconomy Nigeria

Credit is increasingly recognized as a major driver of successful economies. Access to credit stimulates business growth while increasing citizens’ ability to buy, which ultimately leads to economic expansion. According to data from the US Federal Reserve, US consumer debt stood at US$15.6 trillion in 2021. Thriving economies like the US, Europe and the UK […]

Direct debit

Energy bill direct debit warning to UK bill payers ahead of Ofgem price cap increase

The warning comes after it emerged that people choosing to cancel their direct debits could end up paying hundreds of dollars more. Jonathan Chesterman, policy manager at debt charity StepChange, said: “Direct debit is the cheapest way to pay for gas and electricity – if you cancel your direct debit for energy bills , it […]

Direct debit

‘Cash-grabbing greed’: Energy customers face soaring direct debit bills

Energy companies have come under fire from customers who say their direct debit payments have already increased significantly before the price cap was raised in October. Electricity and gas companies EDF and E-on were among the companies criticized on social media, one of which said its bill had nearly doubled. Earlier this week, experts warned […]

Direct debit

Martin Lewis issues energy bill warning for anyone paying by direct debit

August 11, 2022, 5:02 p.m. | Updated: August 12, 2022, 05:50 Money Saving Expert Martin Lewis urges people to check their direct debits. Martin Lewis has issued a warning to people who pay their energy bill by direct debit. The money-saving expert appeared on Good Morning Britain this week to talk about the rising cost […]

Direct debit

Exact amount your energy draw will increase by this winter explained

MILLIONS of households will see their energy bills increase by hundreds of pounds this winter. Energy experts at Cornwall Insight have predicted the energy price cap is set to rise from £1,971 to £3,582 on October 1. 1 The smallest households will see the biggest increases in their energy bills But energy prices could reach […]

Direct debit

GO, Epic and Melita suspend additional fees for customers without direct debit

GO, Melita and Epic have temporarily eliminated surcharges for consumers who do not pay by direct debit, pending an investigation by Malta’s consumer regulator into price fixing. The three telecom companies have come under scrutiny for their decision to charge a €1 fee for bills that are not paid by direct debit. They argued that […]

Direct debit

Ofgem orders energy supplier to improve direct debit processes

Image: chayanuphol/Shutterstock Ofgem has today asked energy supplier TruEnergy to improve its direct debit processes. The interim order issued by the regulator now requires the company which serves around 7,500 customers to review the level of direct debit for all customers who use this type of payment. TruEnergy must also commission an independent audit to […]

Direct debit

TruEnergy ordered to review direct debit levels

TruEnergy Ltd has been ordered by regulator Ofgem to review all customers’ direct debit levels and make adjustments if they are not set at the correct level. The small energy supplier with around 7,500 domestic and non-domestic customers in the UK has been asked to improve its process for setting up direct debits. It comes […]

Direct debit

Ayoconnect launches recurring direct debit in Indonesia

By Leandra Monteiro July 28, 2022 Banking API Ayoconnect BIS Bank Ayoconnect, Southeast Asia’s largest open finance platform, has launched an open finance API that provides Indonesian businesses, including non-bank financial institutions such as insurance companies and lenders, with capabilities that can instantly debit customers’ savings accounts at multiple banks. The API can be integrated […]

Direct debit

Energy Company Makes Major Changes to Direct Debit Payments and Customers are FURIOUS

A major energy company has sparked anger after it halved the notice period it gives to notify customers of a change to their direct debit payments. Millions of Bulb Energy customers will be affected when the new terms and conditions come into effect on August 22. 1 Bulb also warned customers threatening not to pay […]

Direct debit

Update on Subscriptions and Direct Debits – Blog

Update on subscriptions and direct debits – Blog – Derby County arrow_downward Catch up on social media arrow_downward Open social networks Watch more ”,””],”responsive”:{“0”:{“items”:”int|1″,”margin”:”int|0″,”stagePadding”:”int|0″},”480″:{ “items”:”int|2″,”margin”:”int|10″,”stagePadding”:”int|0″},”768″:{“items”:”int|3″,”margin”: “int|25″,”stagePadding”:”int|0″},”992″:{“items”:”int|4″,”margin”:”int|30″,”stagePadding”:”int|0 “},”1200”:{“items”:”int|4″,”margin”:”int|37″,”stagePadding”:”int|0″},”1499″:{“items”:”int |4″,”margin”:”int|35″,”stagePadding”:”int|0″}}}”> Read more ”,””],”responsive”:{“0”:{“items”:”int|1″,”margin”:”int|0″,”stagePadding”:”int|0″},”480″:{ “items”:”int|2″,”margin”:”int|10″,”stagePadding”:”int|0″},”768″:{“items”:”int|3″,”margin”: “int|25″,”stagePadding”:”int|0″},”992″:{“items”:”int|4″,”margin”:”int|30″,”stagePadding”:”int|0 “},”1200”:{“items”:”int|4″,”margin”:”int|37″,”stagePadding”:”int|0″},”1499″:{“items”:”int |4″,”margin”:”int|35″,”stagePadding”:”int|0″}}}”> A problem occurred while creating your ticketing account. Learn more A problem occurred while creating your ticketing […]

Direct debit

Martin Lewis issues warning over direct debit energy bills

Martin Lewis has issued a warning that many households with direct debit energy bills could be abused by energy companies. Speaking on ITV’s This Morning, money-saving expert Martin Lewis reported that energy regulator Ofgem has ordered energy companies to improve the way they set direct debits. He explained that while direct debits will have increased […]

Direct debit

Rolling out £150 Council Energy Tax rebate for direct debit payments in West Lancashire

COUNCIL TAX REBATE: West Lancashire Borough Council is now heading into the next phase of the rebate scheme. Photo: Dominic Lipinski/PA Wire Submitted by West Lancashire Borough Council More than £3.5 million of the £150 energy tax rebate has been paid to 23,598 eligible households in West Lancashire. West Lancashire Borough Council has so far […]

Direct debit

How Direct Debit Rent Payments in Dubai Will Solve Tenants’ Cash Flow Problems

Kuldip Lakhani, an information specialist in Abu Dhabi, recalls an incident last year when his landlord lost one of his post-dated rental checks. “I had to write replacement checks instead and get a commitment from the landlord on his company letterhead that he wouldn’t cash my original post-dated rent checks,” says Lakhani, who has been […]

Direct debit

Martin Lewis issues warning to anyone with a direct debit on their energy bill

Consumer champion Martin Lewis had an important message for anyone with a direct debit on their energy bill. He gave it away during his appearance on ITV This Morning on Wednesday. The Money Saving Expert founder appeared in the studio opposite Alison Hammond and Dermot O’Leary in which his post also included a warning about […]

Direct debit

Warning to thousands of energy customers to check direct debit NOW – what you need to know

THOUSANDS of customers are invited to check their energy bill by direct debit. Ofgem, the energy regulator, has warned companies that some customers are not paying enough. 1 Ofgem has warned Octopus energy that some of its customers could soon face a bill shock.Credit: PA This could mean that some customers see their bills increase […]

Direct debit

Energy suppliers ordered to review 500,000 increases in customer levies

Half a million energy customers have seen their domiciliation increase by more than 100% with the surge in gas prices in recent months. The regulator has now ordered providers to review the amounts. As gas prices have exploded, offtakes from energy customers have also seen sharp increases. Following concerns they have been raised to unfair […]

Direct debit

Ofgem calls on energy companies to take urgent action to resolve direct debit issues | Ofgem

Britain’s energy regulator has asked a series of suppliers to take urgent action after discovering “serious weaknesses” in the processing of direct debits from customers. Ofgem has looked into how energy companies handle direct debits, finding evidence that customers have been treated poorly. It named a group of suppliers where it had identified “moderate to […]

Direct debit

Dubai’s new direct debit scheme for tenants, landlords explain

A landmark agreement announced in Dubai that eliminates the need for tenants to submit post-dated rental checks is now in effect. The new system, announced earlier this week, “is readily available” and accessible to “landlords and tenants”, an Emirates NBD spokesperson told the Khaleej Times. “Landlords can now obtain a one-time direct debit mandate signed […]

Direct debit

No more rent checks: Dubai’s new direct debit system for tenants, landlords say – News

The method works in parallel with existing services Published: Thu 7 Jul 2022, 1:50 PM A landmark agreement announced in Dubai that eliminates the need for tenants to submit post-dated rental checks is now in effect. The new system, announced earlier this week, “is readily available” and accessible to “landlords and tenants”, an Emirates NBD […]

Direct debit

Dubai: Soon, pay your rent by direct debit instead of checks – News

Tenants will be able to benefit from flexible payment plans from landlords By a staff reporter Published: Mon 4 Jul 2022, 03:45 PM Last update: Mon 4 Jul 2022, 10:47 PM As part of a new partnership between the Dubai Land Department and Emirates NBD, rental check payments will soon be automated and digitized using […]

Direct debit

Currensea direct debit travel card gets £1.35m crowdfunding

London-based fintech Currensea raised £1.35m in capital on crowdfunding platform Seedrs within the first two hours of going live, beating its £1m target. Of Currensea’s 350 crowdfunding investors, almost half are current users of the platform. “There has been phenomenal demand among investors, clearly demonstrating the scalability and need for a workable solution to the […]

Direct debit

Modernization of the direct debit system begins with the deployment of PayTo

The New Payments Platform (NPP) has confirmed that a small group of payment service providers have now started offering PayTo to merchants and businesses. PayTo – which has been developed in collaboration with financial institutions, fintechs and payment service providers – will allow customers to view and manage their direct debits via online or mobile […]

Direct debit

New PayTo Direct Debit System Activated, Banks Follow

For large billers, the existing direct debit system creates high costs because missed payments must be tracked manually by back office staff. The new system improves this by checking in advance whether there are sufficient funds in the paying customer’s account before taking the money. The authentication process in banking apps should also reduce instances […]

Direct debit

Overhaul of Australia’s direct debit scheme – channelnews

A new direct debit payment feature goes live today, giving customers more flexibility and control over recurring payments. PayTo is part of the radical changes in the financial sector, known as the new payment platform. It’s a new rapid payment infrastructure built by the Australian financial services industry. It’s a digital alternative to direct debit, […]

Direct debit

If you want to pay by direct debit in the future – £150 Council Fee Discount for Bands A-D – Newham Council

Sign up for direct debit Go to our ‘How to pay your council tax’ page on the Newham Council website. Select “Set up direct debit” and complete the direct debit form online. This automatically sets up Direct Debit – with all exceptions normally handled within 2 business days. Payment for households that do not pay […]

Direct debit

How to reduce your energy bill before the next direct debit deadline

The price cap on energy bills is set to rise by a further £1,000 in early October, according to a new prediction from Cornwall Insight. The latest data from energy analysts suggests a 51% increase from the current price cap of £1,971 to around £2,980.63 for the next period, which runs from October to December […]

Direct debit

Energy regulator Ofgem announces plans to improve protection for direct debit customers | Economic news

The British energy regulator has announced its intention to better protect customers who pay their bills by direct debit. Ofgem’s measures include limits on payments charged by direct debit, to “ensure that credit balances do not become excessive”. Other proposals are to ensure that suppliers have enough money in difficult circumstances and to allow companies […]

Direct debit

SunLive – Regional Council tariffs can be paid by direct debit

Bay of Plenty Regional Council ratepayers will be able to set up a direct debit anytime from early July until October 19 to pay their 2022/23 rates. A direct debit allows taxpayers to spread the cost of their rates over the year and avoid a late payment penalty. From July 2022, Bay of Plenty Regional […]

Direct debit

South Lakeland District Council will send letters to customers without direct debit

South Lakeland District Council has started sending letters to non-direct debit customers about their council tax refund. This is because households who do not pay council tax by direct debit will not automatically receive the £150 rebate until they submit a form. An SLDC spokesperson said: “We have started writing to people who are not […]

Direct debit

Direct Debit Energy Bill Rise Family Challenge – The Crusader | The Crusader | Finance

Soaring fuel bills are at the heart of the cost of living crisis hitting consumers, with estimates of future energy consumption mounting pressure. The fragile 92-year-old Les Roberts leaves his son-in-law Charles to mind his money affairs, but still wants to stay in the know and always reads his statements from supplier Octopus Energy, a […]

Direct debit

Council ratepayers without a direct levy will get an energy rebate promised to council chiefs

Neighborhood RESIDENTS who do not pay council tax by direct debate will soon be contacted on how to claim their £150 energy rebate. Stratford District Council (SDC) has so far paid £4.26million to some 28,500 residents – but 9,000 who are not paying by direct debit have yet to receive the payment which aims to […]

Direct debit

Police warning as fake emails impersonate BT in direct debit scam

A convincing fake BT email asks people to change their direct debit information. Thames Valley Police have issued a warning as BT is being spoofed by scammers in a realistic email that includes BT’s brand, logo and even customer service phone number. The email looks convincing, but the link behind the button directs people to […]

Direct debit

Warning as fake email impersonates BT in direct debit scam

Email scam image. A convincing fake BT email asks people to change their direct debit information. Thames Valley Police have issued a warning as BT is being spoofed by scammers in a realistic email which includes BT’s brand, logo and even customer service phone number. The email looks convincing, but the link behind the button […]

Direct debit

Bulb apologizes to customers after direct debit error on energy bill

ENERGY giant Bulb has apologized to its customers for making an error that affects their withdrawals. A technical issue means payments will be taken later than usual. 1 Bulb has apologized to customers after making a direct debit error on their energy billCredit: bulb In an email to customers, Bulb said, “Sorry for the delay.” […]

Direct debit

BT customers warned of latest direct debit billing scam via email

BT customers have been warned to be on their guard for a fake email that tries to access vital bank details. The scammer uses seemingly genuine BT links and pressures the targets into disclosing important information. The warning – issued by the consumer watchdog Which? – describes the sophisticated scam that tries to convince users […]

Direct debit

Councilor calls for monthly direct debit option to allow struggling Northampton residents to pay for brown bin service amid cost of living crisis

“Why can’t residents pay for the brown bin waste collection service in Northampton via monthly levies?” asks an adviser concerned about the cost of living crisis. The £42-a-year subscription service started on April 4 for those who want the council to empty their garden bins every fortnight. The scheme covers West Northamptonshire and those in […]

Direct debit

No direct debit sees 97-year-old woman without council tax refund

A 97-year-old woman has said she was unable to get her £150 council tax refund from Camden Council because she did not have a direct debit, writes Harry Taylor. Joan Wilson, a retired departmental secretary at the London School of Economics, said she doesn’t have a direct debit because she prefers to keep her money […]

Direct debit

Subscription renewal: direct debit now available – News

Adult/child memberships purchased together in designated family zones have been frozen for the ninth consecutive season. In these areas, season tickets for under-10s are available from £95 for the season, or just £5 per Premier League game! The accompanying adult fare is from £420 for the season, or just £22.10 per game. For all other […]

Direct debit

Kirklees residents who don’t pay council tax by direct debit can now apply for the £150 energy rebate

Kirklees residents should now receive their refund within two weeks of a successful request. Provisions are available for those who find it difficult to use the internet or fill in forms, and residents can call 01484 225331 for assistance in physically filling in the form. There will also be options available for those without a […]

Direct debit

£150 energy rebate: Applications open for thousands of direct debit households in Harrogate

Households who do not have a direct debit set up with the council can now apply for the £150 online. About 15,000 households must complete an online form because they do not have a direct debit set up with the town hall. Others who have not yet received payment because the name on their bank […]

Direct debit

How families not on direct debit can claim their £150 council tax refund

Thousands of people in Darlington who do not pay council tax by direct debit will receive letters asking them to apply for their £150 rebate online. People who pay council tax by direct debit for homes in Bands A through D received the one-time refund to their bank accounts. Councils are working to meet the […]

Direct debit

Smart meter warning as Britons face rise in direct debit payments due to ‘inaccurate’ readings

A number of ‘inaccurate’ readings are expected to lead to higher smart meter charges in the near future, it is feared. Inflation is already at 7%, and this figure is expected to increase further in the coming days. In April, we saw the energy price cap increase by 54%, causing bills for millions of customers […]

Direct debit

Direct debit change warning: A simple check could save you ‘a few hundred pounds’ | Personal finance | Finance

Earlier today, financial adviser Peter Komolafe told ITV’s Lorraine how he makes huge savings by going through his bank statements with a fine-tooth comb at least once a year. Mr Komolafe is a money expert appearing in the latest series of Channel 4’s Secret Spenders – a program that helps cash-strapped families get their finances […]

Direct debit

Ofgem pledges to take ‘strong action’ to tackle ‘unfair’ increases in direct debits

Ofgem has pledged to crack down on reported increases in direct debits. Speaking to the Scottish Parliament’s Net Zero Committee, Neil Lawrence, retail director at Ofgem, said: “This is a troubling time for consumers and people are struggling to pay their bills. “We were aware of a number of reports of levy increases and earlier […]

Direct debit

Season passes: deadline for direct debit – News

Saturday, May 14 at 1 p.m. will be the last time fans can purchase their subscriptions for the upcoming 2022/23 season with the 10-month direct debit plan. After this date, all subscriptions must be pre-purchased in full. Over 12,500 Wanderers already have their seats sorted for next season – will you? Be part of […]

Direct debit

Advice from Martin Lewis as direct debit warning sent to customers of three energy companies

The cost of living crisis and rising energy prices are daily news stories. People’s Champion Martin Lewis was clear about his thoughts and concerns on the matter. Today, the MoneySavingExpert (MSE) team issued an advisory that customers of three major energy companies have warned their prices have skyrocketed. People who work with British Gas, Octopus […]

Direct debit

Anyone with a Netflix account is warned to check their direct debit immediately

Netflix subscribers should check their direct debits as part of a series of regular payments. That’s according to Lynn Beattie, aka Ms. MummyPenny, a consumer expert. Write for the shimmer, the guru says she regularly reviews her direct debits to reverse payments for services she no longer needs. She says others who follow her advice […]

Direct debit

Martin Lewis’ urgent advice to anyone using direct debit to pay their energy bills

Britons could end up with unnecessary debt as greedy energy companies unfairly increase direct debits to boost their cash flow, warns Martin Lewis. Energy prices have already soared after the price cap was raised to 54% on April 1, forcing some people to choose between heating and eating. But, money-saving expert Martin Lewis today announced […]

Direct debit

The modernization of the direct debit system suffers a setback

The new PayTo service, which is expected to upgrade the existing Direct Debit scheme under the RBA’s New Payments Platform (NPP), is facing delays after a number of banks indicated they would not be not ready to launch in July as planned. In a speech at the Real Time Payments Summit on Tuesday, the head […]

Direct debit

Direct Debit Error Leaves Woman Exposed: ‘Call Your Bank’ | Personal finance | Finance

People have shared their outrage on social media as many find themselves overcharged for their rent due to a major mistake. Clarion Housing Association customers have expressed frustration over the error which saw their bank accounts drop unexpectedly. Several people’s rent payments were overcharged yesterday, with one person sharing that they had £1,000 withdrawn from […]

Direct debit

Martin Lewis issues important update on ‘unfair’ increases in monthly energy direct debit payments

Martin Lewis has helped millions of households through the energy crisis by sharing the latest updates on planned increases coming later in the year and realistic ways to manage rising gas and electricity costs . Earlier this week, the finance guru shared on social media that the price of wholesale gas is at its lowest […]

Direct debit

Answers to all your energy levy questions – from increases to cash back

Ofgem, the market regulator, said there were “troubling signs” that companies had increased direct debits from households more than needed to cover a £693 rise in the average bill. Video loading Video unavailable The video will start automatically soon8Cancel play now How can you try to reduce energy bills? Hundreds of Mirror readers have written […]

Direct debit

Energy suppliers face Ofgem investigation over increases in direct debits

Regulator Ofgem will investigate reports that energy suppliers have increased direct debits ‘more than necessary’, as part of a broader review of the sector after nearly 30 businesses collapsed and amid bills gas and electricity record. In a blog post on Ofgem’s website, the regulator’s chief executive, Jonathan Brearley, acknowledged the “challenging year” the energy […]

Direct debit

Advice reveals how households who don’t pay tax by direct debit can get £150 back on bank accounts ASAP

TIPS has started to reveal how households who don’t pay their tax bill by direct debit can get the £150 rebate. Families who have not set up automatic payment of housing tax will have to apply for the subsidy. 1 How you get your council tax refund depends on how you usually pay your bill […]

Direct debit

SEASON 2022/23 SUBSCRIPTIONS: DIRECT DEBIT | News

‘Own The Moment’ season tickets for the 2022/23 campaign are now ON SALE – via the club’s official ticketing website and at the Utilita Energy Stadium box office. With prices FROZEN until 11:59 p.m. on Sunday June 19, supporters can once again spread the cost of their subscription over 12 months, with a direct debit […]

Direct debit

Cost of living: Switching to direct debit could help Britons save on five products | Personal finance | Finance

Britons have less disposable income now than during the 2008 financial crisis, showing how difficult it has become to pay for daily expenses. Insurance expert Catherine Grayson shares five ways Britons could manage their money effectively and save much-needed pounds. April is looking to beat household budgets, as council tax rebates and energy rebates offer […]

Direct debit

The last direct debit deadline is Thursday midnight

We remind subscribed members who wish to take advantage of the Club’s 11 month direct debit option for 2022/23 that they will need to renew their seat in midnight Thursday, March 31. The 11-Month Direct Debit option is the most cost-effective way to spread the cost of renewing a subscription for the next quarter*. >>> […]

Direct debit

Why should you pay by direct debit

UK energy bills: People should take a meter reading on March 31 to ensure that the maximum amount of gas and electricity is being charged at the current, cheaper rate, rather than the highest rate dear who arrives. Reuters/Lee Smith UK consumers could pay more on their energy bills if they choose not to pay […]

Direct debit

GMO Payment Gateway: Cash Sense to EC payment! “Payment by online direct debit” will be available from the end of September 2022

GMO Payment Gateway, Inc. GMO Internet Group develops comprehensive payment-related services and finance-related services GMO Payment Gateway, Inc. (TSE: Securities Code 3769, President & Chief Executive Officer: Issei Ainoura, hereinafter GMO-PG) financial institution “Payment by online direct debit which allows e-commerce payment by direct debit from the […]

Direct debit

Council encourages residents to sign up for direct debit under new government scheme

North Tyneside Council is encouraging residents to sign up to pay council tax by direct debit following the government council tax refund announcement The government’s announcement of a one-off payment of £150 for households in tax brackets A-D has prompted council to encourage residents to set up a direct debit. The one-time payment is to […]

Direct debit

Martin Lewis’ warning about direct debit payments on energy bills ahead of price hike

Martin Lewis advised low-income households to check what benefits they might be entitled to (Picture: ITV) Money Saving Founder Martin Lewis has issued a warning to anyone considering canceling their energy direct debit before the April price increase. The financial expert said that as we enter a cost of living crisisbills will hit record highs […]

Direct debit

Martin Lewis issues warning over direct debit payments on energy bills

Money Saving Expert founder Martin Lewis has issued a warning to anyone considering canceling their direct debit for energy ahead of April’s price hike. The financial expert said that as we enter a cost of living crisis, bills will hit record highs – as he urged the UK government to intervene. The government has announced […]

Direct debit

Energy firms ‘double down’ direct debit payments against rules, MPs warned

MoneySavingExpert founder Martin Lewis said it was “worrying” that struggling businesses are using the practice to improve their cash flow. Even customers with accounts in credit were in some cases seeing their direct debit payments double, he told the Business, Energy and Industrial Strategy Committee on Tuesday. “There’s no reason to double someone’s direct debit […]

Direct debit

What is PayTo? An Introduction to Direct Debit Payments for Merchants

In 2022, the way Australians pay is being upgraded, and for all fast-moving businesses, account-to-account payments are going to be an essential part of their financial infrastructure. So what do you need to know and how will it impact your business? Account-to-account payments move funds directly between accounts without the need for intermediaries or additional […]

Direct debit

Oldham prepares to issue energy rebate urging direct debit sign up

Advisor Abdul Jabbar MBE Published: Monday, March 21, 2022 Households in Oldham are urged to sign up to pay council tax by direct debit, as the council aims to pay those eligible for an energy rebate, as soon as possible. Local authorities are ready to pay households in municipal tax bands A to D a […]

Direct debit

Full list of new direct debit and prepayment rates for EDF, British Gas, Bulb and more

From April 1, regardless of your supplier, you will pay more for gas and electricity. Almost all energy companies are increasing standard tariffs to the maximum amount allowed by the Ofgem price cap – £1,971. This means that millions of gas and electricity bills are set to rise by 54% from April 1, which will […]

Direct debit

NBO Transforms Business Payments with New Direct Debit Service

MUSCAT: Continuing the transformation of Oman’s payments landscape, the National Bank of Oman (NBO) has launched its new direct debit service for corporate customers. Led by the Central Bank of Oman (CBO) and for the first time in Oman, businesses can now automate their monthly payments, eliminating the need for checks. To request the service, […]

Direct debit

Council tax payers will automatically get a £150 energy rebate from the government – sign up now

Tens of thousands of homes in North Lincolnshire will automatically receive a £150 government-funded council tax refund. Households living in municipal tax brackets A to D are eligible for the rebate as part of a £9billion government package to help spread the cost of rising energy bills. It comes after North Lincolnshire Council agreed to […]

Direct debit

Pay council tax by direct debit for faster payment of £150 for energy bills

Posted on Wednesday March 16th, 2022 THE City Council is calling on Leicester residents to introduce direct debit payments to pay council tax, to reduce the time frame in which they receive £150 government aid to help with rising costs energy. Most households in AD municipal tax brackets will be eligible for the one-time payment. […]

Direct debit

“My energy direct debit is increasing by over £300 a month, right?”

Do you have a problem to solve? Who? is there to help you solve your consumption problems. Dear who?, I have been an Octopus customer for about four years, and we had a very affordable fixed rate for our electricity and gas. Late last year we moved into a new house with no gas supply, […]

Direct debit

E.on customers hit by direct debit error with monthly payments affected

The issue affects customers with E.on Next and Sainsbury’s Energy. Direct debit payments that were due to leave accounts on March 1 will be withdrawn later this month Video loading Video unavailable The video will start automatically soon8to cancel play now Martin Lewis gives three tips to save money on the energy bill E.on customers […]

Direct debit

Warning that an Eon payment issue could delay your direct debit – what to do now

THOUSANDS of E.ON Energy customers may have faced a payment problem after the supplier failed to accept their direct debit payments this month. Households have been told missed payments will instead be taken early next week – here’s what you need to know. 1 E.on Next customers were left confused earlier this month when direct […]

Direct debit

Switch to direct debit payment to receive your council tax refund faster

Residents of Bedford Borough can receive their council tax of £150 faster if they register to pay by direct debit before April 1. The government rebate is part of an initiative to help households cope with rising energy costs and is available to anyone living in council tax bands A to D (as a residence […]

Direct debit

Martin Lewis’ tips for saving money on energy, from direct debit payments to tax refunds

Martin Lewis has once again told people how to save money with three new tips to help those battling the energy crisis. The money-saving expert and his team have highlighted three ways that will help reduce rising energy bills. Many households will see their energy bills increase by more than half of what they are […]

Direct debit

“My energy direct debit is increasing by over £300 a month, right?” – Which? News

Do you have a problem to solve? Which? is there to help you solve your consumption problems. Dear who?, I have been an Octopus customer for about four years, and we had a very affordable fixed rate for our electricity and gas. Late last year we moved into a new house with no gas supply, […]

Direct debit

Deptherapy to Launch New Direct Debit Program at GO Diving Lounge

UK scuba diving rehabilitation charity Depotherapy launches its new Debit program at GO Dive Show this coming weekend. The charity urgently needs to raise funds to maintain its life-changing and life-saving programs. Depotherapy hopes to encourage the supportive dive community to donate a small regular amount through Direct Debit and Gift Aid through the Just […]

Direct debit

Set up a direct debit with your council to get the £150 energy bill discount faster

Households eligible for their council’s £150 rebate to offset soaring energy prices will receive the funds faster if they have set up a direct debit, the Local Government Association (LGA) has said. In early February, Chancellor Rishi Sunak announced a package of measures to help households cope with an almost 50% rise in energy bills […]

Direct debit

Renew before the first direct debit deadline today

We remind existing members who wish to take advantage of the Club’s 12 month direct debit option for 2022/23 that they will need to renew their seat in midnight Monday, February 28. The 12-month direct debit option is the best way to spread out the cost of renewing a subscription for the next session*. >>> […]

Direct debit

Customers with direct debit to ‘get £150 off energy bill faster’

Households eligible for a £150 energy rebate could receive the money quickly if they have set up direct debits to pay council tax. It was previously announced that households across England in council tax brackets A to D would get the payment from their local authority from April this year. The measure is part of […]