We have some great news to share…. We are now working with Gocardless and can now offer Direct Debit Payments for all of our clients.
Direct Debit is now our preferred method to take payments because it is easy to use, and it benefits both Valentine and your business.
To pay by Direct Debit, you only need to set up a payment once and after that, all payments are taken automatically on the invoice due date.
Payments via Direct Debit are automatic so this will avoid you receiving any reminder emails in the lead up to your invoice due date. This also avoids the risk of any late payment fees being added to your invoices.
No direct debits are taken without advance notification given by email beforehand.
Please see the benefits below to signing up to a direct debit…
- No more late payments.
With Direct Debit you’re in control – once authorised you can collect payments whenever they’re due without needing your customer to do anything else. So no more chasing customers for payments – they’ll be on time every time.
- Direct Debit reduces your admin time.
Once a Direct Debit has been set up the whole process can be automated. Payments can be automatically taken and tracked each month which significantly reduces the time needed to manage them.
- It lets you set and forget.
If you’re collecting fixed amounts at regular intervals, you can set up Direct Debit payments then forget about them as they’ll automatically be taken each time they’re due without you or your customer needing to do anything more.
- It improves cashflow.
Late payments impact your cash flow as you won’t know when to expect payments and therefore when you can pay your own bills or buy new stock. With Direct Debit, you’ll always know when payments will be arriving so you can plan accordingly.
- Direct Debit is great for recurring, variable and one off payments.
While Direct Debit is usually associated with regular and recurring payments, it can also be a great option for one-off payments.
- It’s environmentally friendly.
Using paperless Direct Debit is not only great for the environment (no more paper, printing or postage) but it also saves you time and money helping you to streamline your business.
- Direct Debit is easy to set up and get started.
Direct Debit is often seen as just for big businesses or expensive and difficult to set up but with Direct Debit providers like GoCardless you can use Direct Debit no matter the size of your business or your income. In fact – with GoCardless you can get set up instantly and for free.
If you are ready set this up with Valentine, please contact the team on 0800 020 9913 and we will walk you through the process.
