According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

At least 30% of British Gas, Octopus Energy and Shell Energy customers who were in credit and on price-capped tariffs told the UK's biggest consumer website, MoneySavingExpert.com (MSE), that they've ...

GoCardless has worked with TransferWise to create a network that enables businesses of all sizes to take direct debit payments in different currencies, with no hidden costs and no need for a bank ...

First Direct has scrapped all fees for overseas spending and cash withdrawals on its debit card for both new and existing customers, MoneySavingExpert.com can reveal. The move is a boost for existing ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. DB enables customers using its modern mobility sharing systems, run by ...