Description

Direct Debit Portal is designed to maintain a Direct Debit 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.
• Reports allow seeing how the transactions are executed.