Payments definitions glossary
What is paperless direct debit?
Paperless direct debit is a payment method that allows an organization to instruct their bank to collect varying amounts directly from customers’ accounts.
NETBANX offers paperless 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.
Ready to get started and accept paperless direct debit payments? Contact us today.
More payment definitions
Asking yourself “what is PCI compliance?” Find out about more payment terminology from our payments glossary.
