PAPERLESS DIRECT DEBITS (PDD)

The Paperless Direct Debit solution validates both the branch sort code and account number without the requirement for third party software and collects all relevant details for the set up of a Direct Debit mandate.

The system can interface with any existing Direct Debit management system, as long as there is a way in which to import data to set up mandates and associated payments. The system can be used either stand-alone or in conjunction with other WPM solutions.

The functionality of the Paperless Direct Debit solution is ideally suited to compliment the Card Payment Gateway functionality either as part of card payment pathways or as separate pathways.

The framework deals with real-time validation of sort codes and relevant modulus checks to ensure the data entered passes these as well as dealing with any e-mail correspondence. The framework also deals with the communication with real-time systems within your business as well as importing and exporting batch file data as required.

WHY USE WPM SOFTWARE PAPERLESS DIRECT DEBITS

Improved cash flow
By allowing the set up of Direct Debits the risk of missing the first payment date is decreased. There is also the option to move the first instalment date forward.

Reduction in staff workload
There is no requirement for staff to enter payer account details, providing a significant reduction in workload and freeing up your administration and telephone staff to deal with more important issues.

Improved customer service
Customers can, from the comfort of home, set up Direct Debits without the requirement to send off a form, visit or contact the Institution. Any mistakes are also spotted by the validation meaning less chance of the Institution contacting them at a later date to chase for payment details, providing a more streamlined and efficient service throughout.

BACS-compliant
The Paperless Direct Debits system is compliant with all BACS requirements for online Paperless Direct Debits. WPM Software guarantees BACS compliance with all solutions and will make any required amendments within the annual fee.

PAF Integration
All WPM Software solutions now offer the optional integration of PAF (Postal Address File) data to allow customers and administrators alike to make use of postcode lookup and validation processes. This allows time to be saved when entering addresses as well as ensuring less ongoing administration related to incorrect address data.

Real-time validation of bank details
The Paperless Direct Debit system ensures that validation is carried out against the latest BACS-supplied sort code data to ensure that the sort code is valid, as well as capable of processing Direct Debit payments. The account number is also validated via a modulus check, which is determined by the sort code, to ensure there is a negligible instance of incorrect details being entered.

Fast Delivery Times
Paperless Direct Debits can be rolled out quickly. WPM Software's primary objective is to make the set up, integration and maintenance as "painless" as possible. Therefore the set up process has been streamlined to require as little input from your business as possible while ensuring all relevant issues have been addressed. WPM Software aim to have Paperless Direct Debits up and running within weeks, dependent on your bank's sign-off on the screens.