Direct debit & credit payments are risky business for retailers

Retailers who rely on automated payments made by direct debit or credit are at risk of losing both money and customers as a result of mistakes made during the initial set up.

Payments made by customers, payments made to suppliers by businesses, and payments made to employees by businesses are among the most common failures within the six billion automated payments that take place in the UK per year.

With each failed payment, retailers are losing their share of the £4.3tn delivered by these automated

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