ESco 'Excellent' at Direct Debits
Article by Alistair Wood
Fri 20 Jul 2018
Once again ESco has passed the BACS inspection with flying colours!
Direct Debits continue to be a very popular payment method for our clients and their subscribers with benefits for all. In 2017, ESco processed £2,769,052.77 worth of Direct Debit collections which is an increase of 25% since 2015 and we expect this rate of increase to continue. We are a BACS approved bureau which allows us to process Direct Debit collections on behalf of our clients, so that the money goes straight into their bank accounts without any delay.
Every four years we are audited to ensure that our policies, procedures, systems and security is up to scratch and being maintained to the highest of standards. A lot of hard work has gone into all of these areas by various team members at ESco, and we are delighted with the result of our inspection.
If you would like to find out how ESco can help you with Direct Debits for your subscriptions, visit our Subscriptions Management page for more information.