Payments Definitions Glossary

What is Online Direct Debit?

Online Debit Direct debit is a payment method that allows an organisation to instruct their bank to collect varying amounts directly from customers’ accounts.

NETBANX offers Online Direct Debit

With NETBANX you can use this additional payment method with your customers offering you the certainty of receiving payment and on time with the additional benefit of the reduction of charge backs.

Find out more about accepting Online Direct Debit payments with NETBANX and its benefits.

Get started and accept Online Direct Debit payments today.

More Payment Definitions

Asking yourself “what is PCI Compliance?” Find out about more payment terminology from our payments glossary.