Transcript
PayGate Direct Debit Management PayGate is the next generation payments gateway from CORVID PayGate.
Maximise Productivity
Direct Debit management can be a time consuming manual process. PayGate DDMS simplifies this complex task of collecting and managing your direct debits.
sign up (including AUDDIS compatibility) through
DDMS provides you with an automated solution, from to collection and rejection handing. As a result, the administrative time and cost spent processing Direct Debits is significantly reduced, as is the likelihood of
Direct Debit is the simplest and most convenient way
processing errors and rejected payments.
for you and your customers to pay bills and collect payments. However, it can be a time-consuming manual
Validation of account details and other critical data is
process and costly when things go wrong. Failed Direct
integral to the solution, which helps to minimise errors,
Debit collections can significantly impact the cash flow
reduce fraud, and decrease your costs.
of your business and non-compliance with the scheme rules can lead to fines and the removal of your ability to
You will also benefit from PayGate’s complete end-to-
use Direct Debit.
end platform: supporting multiple locations, users, payment and collections methods (e.g. Bacs, SEPA credits
PayGate’s Direct Debit Management
System
(DDMS)
and debits).
simplifies the complex task of collecting and managing your direct debits and also provides you with concise
These combined features will free up your time, allowing
reconciliation and reporting tools to ensure you always
you to focus on financial and customer management.
have full visibility and control. It also gives you the tools to ensure you remain compliant with the latest rules and guidelines.
Secure Payment Processing
DIRECT DEBIT IS THE SIMPLEST AND MOST CONVENIENT WAY FOR YOU AND YOUR CUSTOMERS TO PAY BILLS AND COLLECT PAYMENTS.
Full Compliance Ensured
Comprehensive Reports
Full compliance with the official Bacs Direct Debit
PayGate’s DDMS provides you with comprehensive
Scheme Rules is a key requirement for all suppliers.
monitoring and alerting capabilities, compliant
Not only to ensure proper process and best practice,
with Bacs messaging (ADDACS, ARUDD and AUDDIS
but also to avoid unnecessary indemnity claims.
rejections) and including the new Direct Debit Indemnity Claim Advice (DDICA) reports. Reports are
DDMS takes the stress out of Direct Debit management
reconciled from Bacs automatically.
and is AUDDIS ready as standard - a mandatory requirement for new Direct Debit Service Users and
You can generate financial reports that show both
Paperless Direct Debits (PDD).
past and present views of payments data. You can also perform historical audits and view transaction history
A key requirement to managing a Direct Debit scheme
for each customer, providing you with further detail
is to provide timely advance notice to customers
and insight including forecast Direct Debit income
of payments to be taken. DDMS makes this easy to
and non-payment reports.
manage and gives you personalised, templated (Bacs compliant) wording that can be used immediately or
Bacs rules require prompt action upon receipt of
quickly customised to your company requirements.
any ADDACS advices pertaining to a request for the account switching service. PayGate DDMS’s inbuilt compatibility with ADDACS makes this a simple process to follow so that Direct Debits can be quickly identified, allowing the switch of customer accounts to occur within the 7 day deadline.
Secure Payment Processing
EASY-TO-USE BACS APPROVED SOFTWARE THAT ENABLES BUSINESSES TO MANAGE AND SUBMIT FILES TO THE BACS AND FASTER PAYMENTS SERVICE.
Further Benefits As standard, you are able to make use of our Workflow
Benefits
and File Mapping tools, allowing you to fine tune the capability to suit your specific needs. For example, you can assign role-based permissions to operators to ensure transactions are secure. As with all PayGate solutions, you can expect our usual seamless integration with your existing inhouse systems, ensuring a single point of data entry and just one system to learn. For existing PayGate customers, it’s a very simple upgrade process to add the DDMS capability to your existing PayGate solution – just get in touch to find out more. Migration to PayGate can be accomplished
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debit guidelines. •
as an On Premise solution for direct submitters, or an Off Premise, SaaS (Cloud) Solution for direct or indirect submitters.
Automation of the direct debit process including auddis.
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Direct debit life-cycle management.
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Automated submission through a single solution.
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Full visibility of failed collections
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Comprehensive reporting and alerting capability.
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Standard customer communication templates
easily and quickly with minimum disruption and cost. PayGate can be deployed to suit your requirements
Fully compliant with all direct
included. •
Supports current account switch service.
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User friendly file mapping and workflow tools as standard.
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Quick and simple provisioning process
Secure Payment Processing
DIRECT DEBIT IS THE SIMPLEST AND MOST CONVENIENT WAY FOR YOU AND YOUR CUSTOMERS TO PAY BILLS AND COLLECT PAYMENTS.
Direct Debit Management Flow
Direct Debit Instruction
Management Reports
Bacs Report & Advices
Alerts
Dashboard Customer
Your Business Payer Scheduler
Payer Data Advance Notice / Letter Management
CORVID PayGate Ltd 7 Meadway Court, Meadway Technology Park, Stevenage, Hertfordshire, SG1 2EF.
Validation
Submission Builder
Formatted to required standard
Approval
Main Switchboard: +44 (0)1462 482 333 Email:
[email protected] www.corvid-paygate.com
ISO 27001 ISO 9001
v1.2
