Minimize Direct Debit Portal

Description

Direct Debit Portal is designed to maintain a Direct Debit / On-line Lending system which allows many clients to collect payments from their customers.

FEATURES

  • DD Portal is hosted by the Service Provider.
  • Authorised Clients can register Customers.
  • They submit Payment requests for each Customer.
  • System generates Payment Plans.
  • Based on those backend jobs raise costs due.
  • Collect Payments procedure generates ABA file with payments.
  • Rejecting ABA files could be uploaded to the system.
  • When payment is not rejected Clear Payments job marks them as successful.
  • Backend jobs raise Costs which will be covered by Direct Credit payments to Clients.
  • End to End On-line Lending System.