With each failed payment costing businesses an average of £50 to repair, processing payments seamlessly is a priority for corporate businesses and financial institutions alike, with many keen to focus on improving Straight Through Processing (STP), and reducing their...
As we discussed in my last post, the importance of bank account validation cannot be understated when it comes to streamlining payment processes and eliminating failed direct debit transactions. As was recently noted in the “2018 U.K. Business Payments Barometer,”...
