Last June, we ran a webinar on ‘The Fundamentals of the Direct Debit Collection Rules’, where 90% of attendees admitted on the live poll that they may not be up to date with the Direct Debit Scheme Rules. Does this ring true for you? Bacs requires Service Users to comply with scheme rules around verification of payers to minimise the risk of fraud and error – something that not all businesses have in place.

In addition to verification, the handling of data can be operationally challenging, expensive and may put you at risk of a data breach. Statistica note that 24% of businesses experienced an accidental data breach incident less than once a month. This is worrying for companies that hold a large amount of Personal Identifiable Information (PII), and the data is not monitored or encrypted. Fines can be hefty!

This on-demand webinar with industry expert Richard Ransom and product specialist Mark Bish to help understand how to stay safe and sustainable when collecting money. They’ll discuss:

• What’s happening now and next with Direct Debit
• GDPR Considerations
• Business exposure and how to limit it
• How Confirmation of Payer works for recurring payments