Direct Debit UK (BACS) is comparable to a SEPA direct debit but is an independent payment method in the UK. This payment method has a high acceptance rate of 65% and is collected in pounds sterling.
Protection Against Indemnity Claims
There can be many reasons for indemnity claims, so it is all the more important for you as a merchant to protect yourself against fraud and payment defaults. In order to offer you the greatest possible protection, our numerous fraud prevention measures can be activated, depending on your business model. These include, credit checks, plausibility and database checks, all of which are directly integrated into the checkout process.
Dunning and Receivables Management
Contrary to expectations, a payment default should occur, Novalnet supports the merchant with efficient debt collection via our automated receivables management process. Our procedures are designed for personalization, ensuromga high success rate in recovering outstanding open claims. This process is completely transparent so that the merchant is always informed about all dunning steps. With the exception of judicial dunning procedures and postal payment reminders, there are no additional costs for merchants